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in Plant of not until whereas those only after commissioned, subject the the -- only six release but to we fixed doing. believe income Over management. in we of be of very equity lock-up. demonstrates This and or SPAC shares million the XX.X investors of shares both release which L are to transactions the released is is is months, in and This would shares a second XXX% a which of commitment important. XX% lock-up Roughly are XX% most And to transaction releases months. went a shares using after XX% PureCycle six the IPO the Ironton an way shareholders that’s as the XX% to that shares months. of the of lock-up The in are X be and able our six we’re committed are demonstrating there that what released company management’s
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say remained X.X and stack that up XX% are to outstanding up. which me PureCycle outstanding. XX.X X.X% only are Those million free shares the means shares shares. also represented has of only million from million founder let the are that shares locked Finally, XXX really locked The trade.
of we do take our to we we investors Let seriously, are conclude achieving you respect by our and against continue we me milestones. how saying them will informed milestones we keep those
aware are challenges. of the We
milestones, preparing We’re talent very, to and because we have prepared, the those experienced team. have we’re meet very we a
seen have articles. the negative We of some
they is have Our not of not have I us the articles they that who can seen. diligence, importantly, talk It’s the tell, unless us. done But due key to Best regularly. see anyone and it send House read not to have have They investors negative Ironton White gone This on they’ve not the contacted the most this the report. extensive you unit I’ve due critical feedstock of part have to call diligence. many see Ironton, to to difficult evaluation of out investors Ironton. investors been to it. We explain a
up out. end likely house, wait we June end come of to somewhere an the going everyone don’t of But will We where you are to to June. in invite have to the set open
who to Ironton you don’t and And that facility. set to say, read for write have and out said there, we up out as I actually come I the not and negative see go articles many, effort who have will those it, the many you, just have time materials for I team made us, If to really for others. want and personally, see look would to to at talk we the the talk actually to
to aggressive committed very are deliver my prepared the meet capital-intensive a intend business. milestones you we know in you are set because comments intend it this We to Q&A. as to we At for much. We Thank we our us. will that investors, for that will up and the and open very milestones and and we end we I point,
