Invizyne Technologies Inc.'s (NASDAQ:IZTC) Lock-Up Period Set To Expire on May 12th

Invizyne Technologies' (NASDAQ:IZTC - Get Free Report) lock-up period will end on Monday, May 12th. Invizyne Technologies had issued 1,875,000 shares in its IPO on November 13th. The total size of the offering was $15,000,000 based on an initial share price of $8.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Invizyne Technologies Stock Performance

Shares of IZTC opened at $10.89 on Monday. The firm's fifty day moving average is $12.85. Invizyne Technologies has a 1-year low of $8.50 and a 1-year high of $23.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets purchased a new stake in Invizyne Technologies in the fourth quarter valued at approximately $35,000. Geode Capital Management LLC purchased a new stake in shares of Invizyne Technologies in the 4th quarter valued at $277,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Invizyne Technologies in the fourth quarter worth $456,000.

Invizyne Technologies Company Profile

Invizyne Technologies Inc is a cell-free enzyme-based biomanufacturing technology company. It redefining biomanufacturing by leveraging cell-free, multi-step, enzyme-based systems to efficiently transform natural or renewable resources into highly sought after biochemicals. Invizyne Technologies Inc is based in Monrovia, CA.

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