Eshallgo Inc.’s Lock-Up Period Will End on December 30th (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 public offering on July 2nd. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Eshallgo Stock Performance

Shares of EHGO stock opened at $3.33 on Monday. The company’s 50 day moving average is $3.54. Eshallgo has a 12 month low of $1.45 and a 12 month high of $5.50.

About Eshallgo

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.