Brillia Inc’s (NYSEAMERICAN:BRIA) Lock-Up Period Will Expire on May 26th

Brillia’s (NYSEAMERICAN:BRIA) lock-up period will end on Monday, May 26th. Brillia had issued 2,500,000 shares in its public offering on November 27th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Brillia Trading Up 2.4%

BRIA opened at $2.55 on Friday. Brillia has a fifty-two week low of $1.78 and a fifty-two week high of $4.38. The stock’s 50-day simple moving average is $2.30.

About Brillia

BrilliA Inc is a one-stop service cross-border solution provider for ladies’ intimate apparel brands, managing sales and customer relationships with major clients like Fruit of the Loom, Hanes Brands Inc and H&M. BrilliA Inc is based in SINGAPORE.