SKK Holdings Limited’s (NASDAQ:SKK) Lock-Up Period Set To Expire on April 7th

SKK’s (NASDAQ:SKK) lock-up period will expire on Monday, April 7th. SKK had issued 2,500,000 shares in its public offering on October 8th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

SKK Trading Up 0.4 %

SKK stock opened at $0.80 on Wednesday. The company has a fifty day moving average price of $0.87. SKK has a 12-month low of $0.61 and a 12-month high of $11.45.

SKK Company Profile

SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. It undertakes subsurface utility works, such as power and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. The company also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works.