Epsium Enterprise Limited’s (NASDAQ:EPSM) Lock-Up Period To End on September 22nd

Epsium Enterprise’s (NASDAQ:EPSM) lock-up period will expire on Monday, September 22nd. Epsium Enterprise had issued 1,250,000 shares in its public offering on March 26th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Epsium Enterprise Trading Down 6.0%

Shares of EPSM opened at $36.01 on Friday. The firm’s 50-day moving average is $25.54. Epsium Enterprise has a twelve month low of $4.23 and a twelve month high of $155.00.

Institutional Investors Weigh In On Epsium Enterprise

An institutional investor recently bought a new position in Epsium Enterprise stock. Murchinson Ltd. acquired a new position in Epsium Enterprise Limited (NASDAQ:EPSM) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $53,000. Murchinson Ltd. owned about 0.08% of Epsium Enterprise at the end of the most recent quarter.

Epsium Enterprise Company Profile

We are a holding company incorporated under the laws of British Virgin Islands. As a holding company with no material operation of its own, we conduct substantially all our operations through an indirect Macau subsidiary, Companhia de Comercio Luz Limitada in Macau, or Luz. Luz is an 80%-owned subsidiary of Epsium Enterprise Limited in Hong Kong, or Epsium HK.