Bloomz’s (NASDAQ:BLMZ – Get Free Report) lock-up period will end on Monday, January 20th. Bloomz had issued 1,250,000 shares in its initial public offering on July 24th. The total size of the offering was $5,375,000 based on an initial share price of $4.30. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.
Bloomz Stock Down 5.6 %
Shares of NASDAQ BLMZ opened at $0.52 on Wednesday. The firm has a 50-day simple moving average of $0.62. Bloomz has a 52 week low of $0.45 and a 52 week high of $4.30.
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