Belive’s (NASDAQ:BLIV – Get Free Report) lock-up period will end on Wednesday, October 1st. Belive had issued 2,450,000 shares in its initial public offering on April 4th. The total size of the offering was $9,800,000 based on an initial share price of $4.00. After the expiration of Belive’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Belive Stock Down 1.7%
BLIV opened at $3.51 on Friday. The firm has a fifty day simple moving average of $3.19. Belive has a 12-month low of $1.85 and a 12-month high of $6.40.
Institutional Trading of Belive
A hedge fund recently bought a new stake in Belive stock. Marex Group plc bought a new position in shares of Belive Holdings (NASDAQ:BLIV – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,060 shares of the company’s stock, valued at approximately $48,000.
About Belive
BeLive Holdings engages in the development of software and programming activities and provides consultancy services. The company offers technology solutions for live commerce and shoppable short videos. It offers services through BeLive White Label solution and a cloud-based BeLive software-as-a-service (SaaS) solution.
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