Belive Holdings’ Lock-Up Period Will Expire Tomorrow (NASDAQ:BLIV)

Belive’s (NASDAQ:BLIVGet Free Report) lock-up period is set to end on Wednesday, October 1st. Belive had issued 2,450,000 shares in its initial public offering on April 4th. The total size of the offering was $9,800,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Belive Price Performance

Belive stock opened at $3.72 on Tuesday. The stock’s 50-day moving average is $3.21. Belive has a 1 year low of $1.85 and a 1 year high of $6.40.

Institutional Investors Weigh In On Belive

An institutional investor recently bought a new position in Belive stock. Marex Group plc purchased a new stake in Belive Holdings (NASDAQ:BLIVFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,060 shares of the company’s stock, valued at approximately $48,000.

Belive Company Profile

(Get Free Report)

BeLive Holdings engages in the development of software and programming activities and provides consultancy services. The company offers technology solutions for live commerce and shoppable short videos. It offers services through BeLive White Label solution and a cloud-based BeLive software-as-a-service (SaaS) solution.

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