K-Tech Solutions’ (NASDAQ:KMRK – Get Free Report) lock-up period will end on Monday, January 12th. K-Tech Solutions had issued 1,600,000 shares in its IPO on July 16th. The total size of the offering was $6,400,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Wall Street Analyst Weigh In
Separately, Weiss Ratings initiated coverage on shares of K-Tech Solutions in a research note on Thursday, October 9th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on KMRK
K-Tech Solutions Stock Performance
About K-Tech Solutions
We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.
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