Fundrise Innovation Fund (NYSE: VCX) to Accelerate Lockup Expiration of Restricted Shares by One Month

The Fund has chosen to accelerate its post-listing lockup expiration from September 14th, 2026 to August 13th, 2026, concluding that the lockup period has achieved its primary purpose of supporting orderly price discovery.

WASHINGTON--(BUSINESS WIRE)--The Fundrise Innovation Fund (NYSE: VCX) today announced that the expiration date of the Fund's post-listing share lockup will be adjusted forward by one month, from September 14th, 2026, to August 13th, 2026, which will result in previously locked-up shares being eligible to begin trading on August 14th, 2026.

The Fund's management has chosen to accelerate the expiration having determined that the lockup period has now served its primary purpose of supporting orderly price discovery by the market and that doing so is in the best interests of all shareholders.

The Fund's investment strategy, portfolio, and ongoing operations are unaffected by this decision.

About Fundrise
Fundrise is the largest direct-to-consumer alternative investment platform in the U.S., having pioneered low-fee access to private-market investing for individual investors. Founded in 2012, Fundrise serves millions of users investing across real estate, private credit, and venture capital strategies. The company, headquartered in Washington, DC, has a team of technology and finance experts with deep regulatory experience, having cleared multiple public offerings with the SEC.

About the Fundrise Innovation Fund (NYSE: VCX)
The Fundrise Innovation Fund is a publicly registered, non-diversified, closed-end management investment company filed with the SEC in 2021. The Fund invests in leading private technology and AI companies, providing everyday investors access to venture capital opportunities that have historically been limited to institutional investors.

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