SG Blocks’ (OTCMKTS:SGBX) lock-up period will expire on Tuesday, December 19th. SG Blocks had issued 1,500,000 shares in its initial public offering on June 22nd. The total size of the offering was $7,500,000 based on an initial share price of $5.00. 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.

Shares of SG Blocks (OTCMKTS SGBX) opened at $0.01 on Tuesday.

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SG Blocks Company Profile

SG Blocks, Inc, through SG Building Blocks, Inc (SG Building), provides code engineered cargo shipping containers. SG Building modifies and delivers containers. SG Building enables developers, architects, builders and owners to achieve greener construction. In addition to providing code engineered cargo shipping containers for construction use, SG Building is engaged in structural steel framing systems.

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