Waton Financial’s (NASDAQ:WTF – Get Free Report) lock-up period is set to end on Monday, September 29th. Waton Financial had issued 4,375,000 shares in its initial public offering on April 1st. The total size of the offering was $17,500,000 based on an initial share price of $4.00. 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.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Waton Financial from a “sell” rating to a “hold” rating in a report on Friday, May 30th.
View Our Latest Analysis on Waton Financial
Waton Financial Stock Up 0.7%
Waton Financial Company Profile
Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions.
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