LogProstyle Inc.’s (NYSEAMERICAN:LGPS) Lock-Up Period Set To Expire on September 22nd

LogProstyle’s (NYSEAMERICAN:LGPS) lock-up period will expire on Monday, September 22nd. LogProstyle had issued 2,000,000 shares in its initial public offering on March 25th. The total size of the offering was $10,000,000 based on an initial share price of $5.00. After the expiration of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

LogProstyle Trading Down 0.9%

Shares of LGPS stock opened at $1.10 on Monday. LogProstyle has a 1 year low of $0.76 and a 1 year high of $7.20. The company has a fifty day simple moving average of $1.09.

Institutional Investors Weigh In On LogProstyle

A hedge fund recently bought a new stake in LogProstyle stock. Heron Bay Capital Management purchased a new stake in LogProstyle Inc. (NYSEAMERICAN:LGPS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 95,789 shares of the company’s stock, valued at approximately $78,000. Heron Bay Capital Management owned about 0.41% of LogProstyle at the end of the most recent quarter.

About LogProstyle

LogProstyle, Inc is a holding company, which owns and operates a real estate renovation and resale business through its subsidiaries. It operates through the following segments: Real Estate, Hotel, and Others. The Real estate segment provides real estate-related services, such as design and renovation, and real estate development.