SAG Holdings Ltd’s Lock-Up Period Will End on April 21st (NASDAQ:SAG)

SAG’s (NASDAQ:SAG) lock-up period is set to end on Monday, April 21st. SAG had issued 875,000 shares in its public offering on October 23rd. The total size of the offering was $7,000,000 based on an initial share price of $8.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

SAG Trading Up 14.6 %

NASDAQ:SAG opened at $0.98 on Monday. SAG has a twelve month low of $0.47 and a twelve month high of $8.27. The business’s 50 day moving average is $1.28.

About SAG

We are a Singapore-based provider of high-quality Original Equipment Manufacturer (“OEM”), third party branded and in-house branded replacement parts for motor vehicles and for non-vehicle combustion engines serving a number of industries. We distribute spare parts through operations primarily based in Singapore and global sales primarily generated from the Middle East and Asia.