Fellazo’s (OTCMKTS:FLLCU) lock-up period is set to expire on Tuesday, January 21st. Fellazo had issued 5,000,000 shares in its IPO on July 25th. The total size of the offering was $50,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Shares of OTCMKTS FLLCU opened at $10.12 on Monday. Fellazo has a 12 month low of $9.05 and a 12 month high of $10.20. The business’s 50-day simple moving average is $10.11.

An institutional investor recently bought a new position in Fellazo stock. Periscope Capital Inc. acquired a new stake in shares of Fellazo Inc. (OTCMKTS:FLLCU) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 341,400 shares of the company’s stock, valued at approximately $3,400,000.

Fellazo Company Profile

Fellazo Inc intends to focus its search for target businesses in the health food and supplement sector. The company was founded in 2018 and is based in Yongkang, China.

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