Sensus Healthcare, Inc. Units’ (NASDAQ:SRTSU) lock-up period will end on Wednesday, November 30th. Sensus Healthcare, Inc. Units had issued 2,000,000 shares in its IPO on June 3rd. The total size of the offering was $11,000,000 based on an initial share price of $5.50. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Separately, Northland Securities began coverage on shares of Sensus Healthcare, Inc. Units in a research note on Monday, August 8th. They issued an “outperform” rating and a $8.00 target price for the company.