Viomi Technology Co Ltd -‘s (VIOT) Lock-Up Period To Expire on March 25th
Viomi Technology’s (NASDAQ:VIOT) lock-up period will expire on Monday, March 25th. Viomi Technology had issued 11,400,000 shares in its public offering on September 25th. The total size of the offering was $102,600,000 based on an initial share price of $9.00. 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.
Separately, ValuEngine upgraded shares of Viomi Technology from a “hold” rating to a “buy” rating in a research report on Tuesday, November 27th.
VIOT stock opened at $10.18 on Monday. Viomi Technology has a 52 week low of $7.24 and a 52 week high of $12.29.
About Viomi Technology
Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising smart water kettles, washing machines, water heaters, and others.
Featured Article: What are trading strategies for the 52-week high/low?
Receive News & Ratings for Viomi Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viomi Technology and related companies with MarketBeat.com's FREE daily email newsletter.