Rich Sparkle Holdings Limited’s Lock-Up Period To Expire on January 5th (NASDAQ:ANPA)

Rich Sparkle’s (NASDAQ:ANPA) lock-up period will end on Monday, January 5th. Rich Sparkle had issued 1,250,000 shares in its IPO on July 8th. The total size of the offering was $5,000,000 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 end of the lock-up period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on Rich Sparkle in a report on Wednesday, October 8th. They issued a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Rich Sparkle Stock Performance

ANPA stock opened at $23.60 on Wednesday. The business’s 50 day moving average price is $24.47. Rich Sparkle has a fifty-two week low of $2.80 and a fifty-two week high of $54.75.

About Rich Sparkle

Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing quality financial print materials principally in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. Rich Sparkle Holdings Limited is based in Hong Kong.