Pintec Technology Holdings Ltd’s Lock-Up Period To End on April 23rd (NASDAQ:PT)

Pintec Technology’s (NASDAQ:PT) lock-up period will end on Tuesday, April 23rd. Pintec Technology had issued 3,725,000 shares in its public offering on October 25th. The total size of the offering was $44,253,000 based on an initial share price of $11.88. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

PT opened at $10.05 on Tuesday. Pintec Technology has a fifty-two week low of $9.34 and a fifty-two week high of $15.10.

Pintec Technology (NASDAQ:PT) last issued its earnings results on Wednesday, March 20th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $32.87 million during the quarter.

A hedge fund recently bought a new stake in Pintec Technology stock. Millennium Management LLC bought a new position in Pintec Technology Holdings Ltd (NASDAQ:PT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 53,945 shares of the company’s stock, valued at approximately $513,000. Millennium Management LLC owned 0.14% of Pintec Technology as of its most recent SEC filing. Institutional investors own 0.20% of the company’s stock.

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About Pintec Technology

Pintec Technology Holdings Limited, through with its subsidiaries, engages in the operation of an online technology platform that enables financial services in the People's Republic of China. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end users.

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