Globavend’s (NASDAQ:GVH – Get Free Report) lock-up period will end on Monday, May 6th. Globavend had issued 1,500,000 shares in its IPO on November 8th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. After the expiration of Globavend’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Globavend Trading Up 3.4 %
NASDAQ:GVH opened at $1.22 on Wednesday. Globavend has a 52 week low of $0.79 and a 52 week high of $5.50. The company has a fifty day simple moving average of $1.20.
About Globavend
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