Dragon Victory International Limited’s (LYL) Lock-Up Period To End on April 18th

Dragon Victory International’s (NASDAQ:LYL) lock-up period will expire on Wednesday, April 18th. Dragon Victory International had issued 1,421,394 shares in its public offering on October 20th. The total size of the offering was $8,528,364 based on an initial share price of $6.00. After the end of Dragon Victory International’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Dragon Victory International stock opened at $3.60 on Wednesday. Dragon Victory International has a 52 week low of $3.09 and a 52 week high of $14.99.

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Dragon Victory International Company Profile

Dragon Victory International Limited provides reward-based crowdfunding in China. It operates 5etou, an online crowdfunding platform at 5etou.cn that enables project searching for funding to connect with funding sources. The company also offers business incubation services related to marketing, sales, strategic planning, and guidance and general resources in ancillary services, such as coordinating human resources, legal, accounting, operations, assisting with feasibility studies, and other types of services.

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