Safe Pro Group Inc. Common Stock’s (NASDAQ:SPAI) Lock-Up Period Set To End on February 24th

Safe Pro Group Inc. Common Stock’s (NASDAQ:SPAI) lock-up period is set to end on Monday, February 24th. Safe Pro Group Inc. Common Stock had issued 1,020,000 shares in its IPO on August 28th. The total size of the offering was $5,100,000 based on an initial share price of $5.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Safe Pro Group Inc. Common Stock Price Performance

NASDAQ:SPAI opened at $4.06 on Monday. Safe Pro Group Inc. Common Stock has a one year low of $1.56 and a one year high of $6.50. The stock has a 50-day moving average price of $3.47.

Hedge Funds Weigh In On Safe Pro Group Inc. Common Stock

An institutional investor recently bought a new position in Safe Pro Group Inc. Common Stock stock. Two Sigma Securities LLC purchased a new position in Safe Pro Group Inc. Common Stock (NASDAQ:SPAI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 21,099 shares of the company’s stock, valued at approximately $81,000. Two Sigma Securities LLC owned approximately 0.15% of Safe Pro Group Inc. Common Stock as of its most recent filing with the Securities & Exchange Commission.

Safe Pro Group Inc. Common Stock Company Profile

Safe Pro Group, Inc engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions.