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Black Sesame Founder Extends Lock-Up Period, Signaling Confidence in Future

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Black Sesame Founder Extends Lock-Up Period, Signaling Confidence in Future

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Black Sesame International Holding Limited ( (HK:2533) ) just unveiled an update.

Black Sesame International Holding Limited, a company incorporated in the Cayman Islands, has announced a voluntary extension of the lock-up undertaking by its founder and CEO, Mr. Shan Jizhang. This decision reflects Mr. Shan’s confidence in the company’s long-term value and future prospects, as he commits to not disposing of his 44,100,000 shares, which represent 6.94% of the total issued shares, until August 7, 2026. This move is likely to reassure shareholders and potential investors about the stability and growth potential of the company.

More about Black Sesame International Holding Limited

Average Trading Volume: 6,810,920

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$11.24B

For a thorough assessment of 2533 stock, go to TipRanks’ Stock Analysis page.

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