Eshallgo Inc.’s (NASDAQ:EHGO) Lock-Up Period To Expire on December 30th

Eshallgo’s (NASDAQ:EHGO) lock-up period is set to expire on Monday, December 30th. Eshallgo had issued 1,250,000 shares in its 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 end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Eshallgo Stock Up 10.2 %

Shares of EHGO stock opened at $3.46 on Wednesday. The stock’s 50-day moving average is $3.55. Eshallgo has a 1-year low of $1.45 and a 1-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.