SKK Holdings Limited’s (NASDAQ:SKK) Lock-Up Period Set To Expire on April 7th

SKK’s (NASDAQ:SKK) lock-up period will end on Monday, April 7th. SKK had issued 2,500,000 shares in its public offering on October 8th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. After the end of SKK’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

SKK Stock Down 3.5 %

Shares of NASDAQ SKK opened at $0.79 on Monday. The stock has a 50-day moving average price of $0.88. SKK has a 1 year low of $0.61 and a 1 year high of $11.45.

About SKK

SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. It undertakes subsurface utility works, such as power and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. The company also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works.