KNRX’s (NYSEAMERICAN:KNRX – Get Free Report) lock-up period will expire on Monday, March 30th. KNRX had issued 3,000,000 shares in its IPO on September 29th. The total size of the offering was $12,000,000 based on an initial share price of $4.00. After the expiration of KNRX’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
KNRX Stock Down 0.7%
Shares of KNRX opened at $1.39 on Wednesday. The company has a 50-day moving average price of $1.20. KNRX has a one year low of $0.76 and a one year high of $4.00.
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