SAFE T GRP LTD/S’s Lock-Up Period Will End on February 13th (NASDAQ:SFET)
SAFE T GRP LTD/S’s (NASDAQ:SFET) lock-up period is set to end on Wednesday, February 13th. SAFE T GRP LTD/S had issued 510,438 shares in its initial public offering on August 17th. The total size of the offering was $7,324,785 based on an initial share price of $14.35. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
SAFE T GRP LTD/S stock opened at $2.71 on Wednesday. SAFE T GRP LTD/S has a 1 year low of $2.40 and a 1 year high of $15.00.
SAFE T GRP LTD/S (NASDAQ:SFET) last posted its earnings results on Wednesday, November 21st. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $0.25 million for the quarter. SAFE T GRP LTD/S had a negative return on equity of 298.02% and a negative net margin of 740.93%.
Safe-T Group Ltd provides security solutions in Israel, North America, the Asia-Pacific, Africa, Europe, and internationally. The company offers on-demand software defined perimeter solutions, which protect access to data and services by separating the access layer from the authentication layer, as well as by segregating internal networks and granting access only to authorized users; and software-defined access solutions that controls and secures data exchange, as well as prevents data exfiltration, leakage, malware, ransomware, and fraud.
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