INLIF Limited’s Lock-Up Period Will End on July 1st (NASDAQ:INLF)

INLIF’s (NASDAQ:INLF) lock-up period is set to expire on Tuesday, July 1st. INLIF had issued 2,000,000 shares in its IPO on January 2nd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. After the end of INLIF’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

INLIF Price Performance

Shares of INLIF stock opened at $1.16 on Tuesday. The business has a 50 day moving average of $1.18. INLIF has a one year low of $0.77 and a one year high of $21.00.

About INLIF

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.