Creative Global Technology Holdings Ltd’s (NASDAQ:CGTL) Lock-Up Period To End on May 26th

Creative Global Technology’s (NASDAQ:CGTL) lock-up period is set to end on Monday, May 26th. Creative Global Technology had issued 1,250,000 shares in its public offering on November 26th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Creative Global Technology Price Performance

NASDAQ:CGTL opened at $1.10 on Monday. Creative Global Technology has a 1-year low of $0.81 and a 1-year high of $10.59. The firm has a fifty day moving average price of $3.44.

Hedge Funds Weigh In On Creative Global Technology

An institutional investor recently bought a new position in Creative Global Technology stock. Citadel Advisors LLC bought a new stake in Creative Global Technology Holdings Ltd (NASDAQ:CGTL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 114,332 shares of the company’s stock, valued at approximately $914,000. Citadel Advisors LLC owned approximately 0.53% of Creative Global Technology at the end of the most recent quarter.

Creative Global Technology Company Profile

Mission Consumer electronic devices have a limited life, but some rest idle with meaningful useful life left. We help make every minute of recycled consumer electronic devices’ lives count with our expertise in quickly connecting their demands and supplies, thereby facilitating the circular economy in the consumer electronic devices business and reducing waste.