Garden Stage Limited’s (NASDAQ:GSIW) Lock-Up Period Set To Expire on May 29th

Garden Stage’s (NASDAQ:GSIW) lock-up period will end on Wednesday, May 29th. Garden Stage had issued 2,500,000 shares in its initial public offering on December 1st. The total size of the offering was $10,000,000 based on an initial share price of $4.00. After the end of Garden Stage’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Garden Stage Stock Down 14.7 %

NASDAQ GSIW opened at $7.09 on Wednesday. The business’s 50-day moving average is $7.63. Garden Stage has a 52-week low of $4.20 and a 52-week high of $15.99.

About Garden Stage

Garden Stage Limited, through its subsidiaries, provides securities dealing and brokerage, underwriting and placing, and other financial services in Hong Kong. It also offers asset management services comprising discretionary account management and fund management services. The company was incorporated in 2022 and is headquartered in Central, Hong Kong.