Globavend’s (NASDAQ:GVH – Get Free Report) lock-up period is set to end on Monday, May 6th. Globavend had issued 1,500,000 shares in its initial public offering on November 8th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Globavend Price Performance
Globavend stock opened at $1.22 on Wednesday. Globavend has a 52-week low of $0.79 and a 52-week high of $5.50. The stock’s 50 day moving average price is $1.20.
Globavend Company Profile
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