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NSTS Bancorp, Inc.'s Lock-Up Period Will End on July 18th (NASDAQ:NSTS)

Defense World ·  Jul 11, 2022 01:22

NSTS Bancorp's (NASDAQ:NSTS – Get Rating) lock-up period will expire on Monday, July 18th. NSTS Bancorp had issued 5,290,000 shares in its public offering on January 19th. The total size of the offering was $52,900,000 based on an initial share price of $10.00. After the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Shares of NASDAQ NSTS opened at $10.85 on Monday. NSTS Bancorp has a 1-year low of $10.58 and a 1-year high of $12.90. The stock has a fifty day moving average of $11.21.

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Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of NSTS Bancorp during the first quarter valued at $155,000. Roberts Glore & Co. Inc. IL acquired a new position in shares of NSTS Bancorp during the first quarter valued at $411,000. Finally, Vanguard Group Inc. acquired a new position in shares of NSTS Bancorp during the first quarter valued at $2,218,000.

NSTS Bancorp Company Profile (Get Rating)

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate, construction, home equity, and consumer loans.

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