Rich Sparkle Holdings Limited’s (NASDAQ:ANPA) Lock-Up Period Set To End on January 5th

Rich Sparkle’s (NASDAQ:ANPA) lock-up period will expire on Monday, January 5th. Rich Sparkle had issued 1,250,000 shares in its initial public offering on July 8th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the end of Rich Sparkle’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on shares of Rich Sparkle in a report on Wednesday, October 8th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Rich Sparkle currently has a consensus rating of “Sell”.

Rich Sparkle Stock Performance

ANPA opened at $22.49 on Monday. The stock’s 50 day moving average is $24.58. Rich Sparkle has a 1 year low of $2.80 and a 1 year high of $54.75.

About Rich Sparkle

Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing quality financial print materials principally in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. Rich Sparkle Holdings Limited is based in Hong Kong.