OneConstruction Group Limited’s (NASDAQ:ONEG) Lock-Up Period To Expire on June 30th

OneConstruction Group’s (NASDAQ:ONEG) lock-up period is set to end on Monday, June 30th. OneConstruction Group had issued 1,750,000 shares in its public offering on December 31st. The total size of the offering was $7,000,000 based on an initial share price of $4.00. After the expiration of OneConstruction Group’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

OneConstruction Group Stock Down 9.1%

Shares of OneConstruction Group stock opened at $4.80 on Friday. The business’s fifty day moving average is $3.22. OneConstruction Group has a 12 month low of $1.48 and a 12 month high of $5.78.

About OneConstruction Group

OneConstruction Group is a structural steelwork contractor principally in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a diverse range of construction projects, serving both public and private sector clients. OneConstruction Group is based in NEW YORK.