Global Engine Group Holding Limited’s Lock-Up Period Will End on March 19th (NASDAQ:GLE)

Global Engine Group’s (NASDAQ:GLE) lock-up period will end on Wednesday, March 19th. Global Engine Group had issued 2,000,000 shares in its public offering on September 20th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Global Engine Group Stock Down 17.2 %

Shares of Global Engine Group stock opened at $1.64 on Wednesday. Global Engine Group has a 1-year low of $1.05 and a 1-year high of $5.44. The stock’s 50 day moving average price is $1.63.

Global Engine Group Company Profile

Global Engine Group Holding Limited provides integrated solutions in the information communication technologies (ICT), system integration, and other technical consultation service areas in Hong Kong. The company offers ICT solution services, including cloud platform deployment, IT system design, configuration, maintenance, and data center colocation and cloud services; technical services, such as technical development, support, and outsourcing services for data center and cloud computing infrastructure, mobility and fixed network communications, and Internet-of-things (IoT) projects; and project management services.