Powell Max’s (NASDAQ:PMAX – Get Free Report) lock-up period is set to expire on Tuesday, March 4th. Powell Max had issued 1,426,750 shares in its IPO on September 5th. The total size of the offering was $5,707,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.
Powell Max Stock Down 3.7 %
Shares of PMAX opened at $0.40 on Thursday. Powell Max has a 12 month low of $0.34 and a 12 month high of $4.70. The stock’s fifty day simple moving average is $1.17.
Powell Max Company Profile
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