Belive’s (NASDAQ:BLIV – Get Free Report) lock-up period is set to end on Wednesday, October 1st. Belive had issued 2,450,000 shares in its public offering on April 4th. The total size of the offering was $9,800,000 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.
Belive Trading Down 1.7%
Belive stock opened at $3.51 on Friday. Belive has a twelve month low of $1.85 and a twelve month high of $6.40. The firm has a 50-day moving average of $3.19.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Belive stock. Marex Group plc bought a new position in shares of Belive Holdings (NASDAQ:BLIV – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,060 shares of the company’s stock, valued at approximately $48,000.
About Belive
BeLive Holdings engages in the development of software and programming activities and provides consultancy services. The company offers technology solutions for live commerce and shoppable short videos. It offers services through BeLive White Label solution and a cloud-based BeLive software-as-a-service (SaaS) solution.
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