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

Garden Stage’s (NASDAQ:GSIW) lock-up period will expire on Wednesday, May 29th. Garden Stage had issued 2,500,000 shares in its IPO 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 the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Garden Stage Stock Up 5.5 %

Garden Stage stock opened at $7.36 on Friday. The stock has a fifty day simple moving average of $7.53. 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.