Republic Power Group Limited Class A Ordinary Shares’ Lock-Up Period Set To Expire on April 13th (NASDAQ:RPGL)

Republic Power Group Limited Class A Ordinary Shares’ (NASDAQ:RPGL) lock-up period will expire on Monday, April 13th. Republic Power Group Limited Class A Ordinary Shares had issued 2,120,000 shares in its IPO on October 14th. The total size of the offering was $8,480,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of Republic Power Group Limited Class A Ordinary Shares in a research note on Friday, January 30th. They issued a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Republic Power Group Limited Class A Ordinary Shares Stock Performance

Republic Power Group Limited Class A Ordinary Shares stock opened at $0.57 on Wednesday. The firm’s 50-day moving average is $3.89. Republic Power Group Limited Class A Ordinary Shares has a 52 week low of $0.40 and a 52 week high of $103.80.

Insider Buying and Selling

In other Republic Power Group Limited Class A Ordinary Shares news, major shareholder Cetera Wealth Services, Llc sold 648,767 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $0.55, for a total transaction of $356,821.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 1,273,752 shares of company stock worth $1,347,294.

Republic Power Group Limited Class A Ordinary Shares Company Profile

Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.