Rich Sparkle Holdings Limited’s (NASDAQ:ANPA) Lock-Up Period Set To End Tomorrow

Rich Sparkle’s (NASDAQ:ANPA) lock-up period is set to end on Monday, January 5th. Rich Sparkle had issued 1,250,000 shares in its IPO on July 8th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Rich Sparkle in a research note on Wednesday, October 8th. They issued a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Rich Sparkle Stock Up 2.5%

Shares of ANPA stock opened at $22.71 on Friday. The business’s 50 day moving average is $24.34. Rich Sparkle has a 12-month low of $2.80 and a 12-month high of $54.75.

About Rich Sparkle

Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing quality financial print materials principally in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. Rich Sparkle Holdings Limited is based in Hong Kong.