Eshallgo Inc.’s Lock-Up Period To Expire Tomorrow (NASDAQ:EHGO)

Eshallgo’s (NASDAQ:EHGO) lock-up period is set to expire on Monday, December 30th. Eshallgo had issued 1,250,000 shares in its initial public offering on July 2nd. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Eshallgo Price Performance

Eshallgo stock opened at $3.85 on Friday. The business’s 50-day moving average price is $3.66. Eshallgo has a one year low of $1.45 and a one year high of $5.50.

Eshallgo Company Profile

Eshallgo Inc, through its subsidiaries, engages in the sale and leasing of office equipment and after-sale maintenance and repair services in the People’s Republic of China. The company also sells office furniture, IT products, water dispensers, printing papers, and other products, as well as provides maintenance services with enterprise resource planning systems.