Jun. 25 at 9:51 PM
$OFAL Time to buy and hold. This will shoot back to the IPO price of
$4 and higher. It was at
$9 on the IPO day.
Details on this - Roughly 72% of shares are locked, leaving only about 28% available for public trading. Available to trade are only 5 million shares. Very low float. No additional shares can be issued because the 15% allowed after IPO have already been issued.
The lock-up period for OFA Group (NASDAQ: OFAL) is set to **expire on November 17, 2025, which is 180 days after the IPO date of May 21, 2025.