SU Group Holdings Limited’s Lock-Up Period Set To Expire on July 22nd (NASDAQ:SUGP)

SU Group’s (NASDAQ:SUGP) lock-up period is set to end on Monday, July 22nd. SU Group had issued 1,250,000 shares in its public offering on January 24th. 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, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

SU Group Trading Up 13.1 %

NASDAQ SUGP opened at $2.68 on Monday. SU Group has a 1-year low of $1.83 and a 1-year high of $5.86. The company’s fifty day moving average price is $2.43.

About SU Group

SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. The company operates through two segments, Security-Related Engineering Services Business; and Security Guarding and Screening Services Business. It primarily provides security-related engineering, security guarding and screening, and related vocational training services.