Lianhe Sowell International Group Ltd's (NASDAQ:LHSW) Lock-Up Period To Expire on September 30th

Key Points

• The lock-up period for Lianhe Sowell International Group Ltd (NASDAQ:LHSW) is set to expire on September 30th, allowing major shareholders and insiders to sell their shares.
• The company had issued 2,000,000 shares in its April public offering, valued at $8,000,000 based on an initial share price of $4.00.
• An institutional investor, Marex Group plc, recently acquired approximately 33,815 shares of Lianhe Sowell International Group, valued at around $57,000.

Lianhe Sowell International Group's (NASDAQ:LHSW - ) lock-up period is set to expire on Tuesday, September 30th. Lianhe Sowell International Group had issued 2,000,000 shares in its public offering on April 3rd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. After the expiration of Lianhe Sowell International Group's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Lianhe Sowell International Group Stock Performance

Shares of LHSW stock opened at $2.61 on Tuesday. The company has a fifty day moving average price of $2.44. Lianhe Sowell International Group has a fifty-two week low of $0.99 and a fifty-two week high of $8.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lianhe Sowell International Group stock. Marex Group plc acquired a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSW - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 33,815 shares of the company's stock, valued at approximately $57,000. Marex Group plc owned approximately 0.07% of Lianhe Sowell International Group as of its most recent filing with the Securities and Exchange Commission.

Lianhe Sowell International Group Company Profile

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot.

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