3 E Network Technology Group Ltd’s Lock-Up Period To Expire Tomorrow (NASDAQ:MASK)

3 E Network Technology Group’s (NASDAQ:MASK) lock-up period is set to end on Monday, July 7th. 3 E Network Technology Group had issued 1,250,000 shares in its IPO on January 8th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of 3 E Network Technology Group’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of 3 E Network Technology Group in a research note on Saturday, June 21st.

3 E Network Technology Group Price Performance

NASDAQ MASK opened at $2.35 on Friday. 3 E Network Technology Group has a 12 month low of $2.00 and a 12 month high of $4.19. The company’s 50-day moving average is $3.26.

About 3 E Network Technology Group

3 E Network Technology Group Ltd. operates as a holding company, which engages in the provision of business-to-business information technology business solutions. It offers business solutions to a variety of industries and sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities.