SU Group Holdings Limited’s (NASDAQ:SUGP) Lock-Up Period Set To Expire on July 22nd

SU Group’s (NASDAQ:SUGP) lock-up period will expire on Monday, July 22nd. SU Group had issued 1,250,000 shares in its initial public offering on January 24th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

SU Group Price Performance

Shares of NASDAQ:SUGP opened at $3.12 on Monday. The business has a fifty day simple moving average of $2.49. SU Group has a 52 week low of $1.83 and a 52 week high of $5.86.

About SU Group

SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. The company operates through two segments, Security-Related Engineering Services Business; and Security Guarding and Screening Services Business. It primarily provides security-related engineering, security guarding and screening, and related vocational training services.