Intelligent Group Limited’s Lock-Up Period Set To Expire on September 16th (NASDAQ:INTJ)

Intelligent Group’s (NASDAQ:INTJ) lock-up period is set to end on Monday, September 16th. Intelligent Group had issued 1,875,000 shares in its public offering on March 20th. The total size of the offering was $7,500,000 based on an initial share price of $4.00. After the end of Intelligent Group’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Intelligent Group Price Performance

Intelligent Group stock opened at $1.00 on Friday. The firm has a 50 day moving average of $0.98. Intelligent Group has a fifty-two week low of $0.83 and a fifty-two week high of $7.87.

Hedge Funds Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Virtu Financial LLC bought a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 17,959 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.14% of Intelligent Group at the end of the most recent quarter.

Intelligent Group Company Profile

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.