Jin Medical International Ltd.’s Lock-Up Period To End on September 25th (NASDAQ:ZJYL)

Jin Medical International’s (NASDAQ:ZJYL – Get Free Report) lock-up period will end on Monday, September 25th. Jin Medical International had issued 1,000,000 shares in its public offering on March 28th. The total size of the offering was $8,000,000 based on an initial share price of $8.00. After the end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Jin Medical International Stock Up 12.3 %

ZJYL opened at $14.88 on Monday. Jin Medical International has a twelve month low of $4.84 and a twelve month high of $20.80. The business’s fifty day moving average price is $11.78.

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Jin Medical International Company Profile

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Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.

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