Planet Image International Limited’s (NASDAQ:YIBO) Lock-Up Period To End on July 23rd

Planet Image International’s (NASDAQ:YIBO) lock-up period will end on Tuesday, July 23rd. Planet Image International had issued 1,250,000 shares in its initial public offering on January 25th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of Planet Image International’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Planet Image International Trading Up 2.8 %

Shares of NASDAQ YIBO opened at $1.86 on Tuesday. Planet Image International has a one year low of $1.80 and a one year high of $4.00. The company has a 50-day moving average price of $2.02.

About Planet Image International

Planet Image International Limited, through its subsidiaries, manufactures and sells compatible toner cartridges on a white-label or third-party brand basis in the People's Republic of China and internationally. The company also sells branded products through online sales channels under the TrueImage, CoolToner, and AZtech brands.