Mega Fortune Company Limited's Lock-Up Period Will End on January 12th (NASDAQ:MGRT)
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Mega Fortune Company Limited's lock-up period will end on January 12th, allowing insiders to sell shares. The company issued 3,750,000 shares in its IPO on July 16th, totaling $15 million at an initial price of $4.00. Currently, Mega Fortune has a Sell rating from analysts, with the stock down 4.1% and trading at $7.20. The company operates as a holding entity in the Cayman Islands, focusing on IoT solutions in Hong Kong.
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