Puhui Wealth Investment Managemnt Co Ltd’s (NASDAQ:PHCF) Lock-Up Period Will End on June 25th

Puhui Wealth Investment Managemnt’s (NASDAQ:PHCF) lock-up period is set to end on Tuesday, June 25th. Puhui Wealth Investment Managemnt had issued 2,000,000 shares in its public offering on December 27th. The total size of the offering was $12,000,000 based on an initial share price of $6.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Puhui Wealth Investment Managemnt stock opened at $2.83 on Tuesday. The firm’s fifty day simple moving average is $2.84. Puhui Wealth Investment Managemnt has a 1-year low of $2.52 and a 1-year high of $6.30.

Puhui Wealth Investment Managemnt Company Profile

Puhui Wealth Investment Management Co, Ltd., through its subsidiaries, provides third-party wealth management services in the People's Republic of China. It manages funds for individuals and corporate clients. Puhui Wealth Investment Management Co, Ltd. has a strategic cooperation agreement with YINGKE Innovation Asset Management Co, Ltd.

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