Eshallgo Inc.’s (NASDAQ:EHGO) Lock-Up Period To Expire on December 30th

Eshallgo’s (NASDAQ:EHGO) lock-up period is set to end on Monday, December 30th. Eshallgo had issued 1,250,000 shares in its IPO on July 2nd. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Eshallgo Stock Performance

Shares of NASDAQ EHGO opened at $3.33 on Monday. The company’s 50 day moving average price is $3.54. Eshallgo has a 52-week low of $1.45 and a 52-week high of $5.50.

Eshallgo Company Profile

Eshallgo Inc, through its subsidiaries, engages in the sale and leasing of office equipment and after-sale maintenance and repair services in the People’s Republic of China. The company also sells office furniture, IT products, water dispensers, printing papers, and other products, as well as provides maintenance services with enterprise resource planning systems.