Springview Holdings Ltd’s Lock-Up Period Set To End on April 15th (NASDAQ:SPHL)

Springview’s (NASDAQ:SPHL) lock-up period is set to expire on Tuesday, April 15th. Springview had issued 1,500,000 shares in its public offering on October 17th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Springview Trading Down 0.1 %

SPHL stock opened at $0.52 on Friday. Springview has a 1 year low of $0.40 and a 1 year high of $7.80. The stock’s 50-day moving average is $1.76.

About Springview

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services.