SKK Holdings Limited’s (NASDAQ:SKK) Lock-Up Period Set To End Tomorrow

SKK’s (NASDAQ:SKK) lock-up period will expire on Monday, April 7th. SKK had issued 2,500,000 shares in its IPO on October 8th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

SKK Price Performance

Shares of NASDAQ:SKK opened at $0.71 on Friday. The firm has a fifty day simple moving average of $0.85. SKK has a twelve month low of $0.61 and a twelve month high of $11.45.

About SKK

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.