Homestolife Ltd’s Lock-Up Period Will Expire on March 31st (NASDAQ:HTLM)

Homestolife’s (NASDAQ:HTLM) lock-up period is set to end on Monday, March 31st. Homestolife had issued 1,250,000 shares in its IPO on October 1st. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the end of Homestolife’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Homestolife Stock Performance

Shares of NASDAQ:HTLM opened at $4.00 on Friday. The business’s fifty day simple moving average is $5.78. Homestolife has a 1-year low of $2.57 and a 1-year high of $13.74.

Institutional Trading of Homestolife

A hedge fund recently bought a new stake in Homestolife stock. Citadel Advisors LLC bought a new position in Homestolife Ltd (NASDAQ:HTLM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 39,518 shares of the company’s stock, valued at approximately $336,000. Citadel Advisors LLC owned 0.27% of Homestolife at the end of the most recent reporting period.

Homestolife Company Profile

HomesToLife Ltd. engages in the retail of home furniture and sale of customized furniture solutions. Its products include leather and fabric upholstered furniture, case goods, and accessories. The company was founded by Yong Pin Phua and Yong Tat Phua in September 1989 and is headquartered in Singapore.