Zhibao Technology Inc.’s (NASDAQ:ZBAO) Lock-Up Period To Expire on September 30th

Zhibao Technology’s (NASDAQ:ZBAO) lock-up period is set to end on Monday, September 30th. Zhibao Technology had issued 1,500,000 shares in its initial public offering on April 2nd. The total size of the offering was $6,000,000 based on an initial share price of $4.00. After the end of Zhibao Technology’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Zhibao Technology Stock Up 1.5 %

ZBAO stock opened at $3.98 on Monday. Zhibao Technology has a 1 year low of $2.67 and a 1 year high of $5.70. The business has a 50-day moving average of $3.66.

Zhibao Technology Company Profile

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.