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

Republic Power Group Limited Class A Ordinary Shares’ (NASDAQ:RPGL) lock-up period will end on Monday, April 13th. Republic Power Group Limited Class A Ordinary Shares had issued 2,120,000 shares in its public offering on October 14th. The total size of the offering was $8,480,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Wall Street Analysts Forecast Growth

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

Republic Power Group Limited Class A Ordinary Shares Stock Performance

NASDAQ:RPGL opened at $0.51 on Monday. The business’s 50-day moving average price is $4.05. Republic Power Group Limited Class A Ordinary Shares has a 1-year low of $0.40 and a 1-year 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 business’s stock in a transaction that occurred on 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 document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have sold 1,273,752 shares of company stock worth $1,347,294.

About Republic Power Group Limited Class A Ordinary Shares

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.