Garden Stage Limited’s (NASDAQ:GSIW) Lock-Up Period To Expire on May 29th

Garden Stage’s (NASDAQ:GSIW) lock-up period will expire on Wednesday, May 29th. Garden Stage had issued 2,500,000 shares in its public offering on December 1st. The total size of the offering was $10,000,000 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.

Garden Stage Stock Performance

Shares of GSIW opened at $7.48 on Friday. Garden Stage has a 12 month low of $4.20 and a 12 month high of $15.99. The stock’s 50-day moving average is $7.50.

Garden Stage Company Profile

Garden Stage Limited, through its subsidiaries, provides securities dealing and brokerage, underwriting and placing, and other financial services in Hong Kong. It also offers asset management services comprising discretionary account management and fund management services. The company was incorporated in 2022 and is headquartered in Central, Hong Kong.