ohmyhome omh opened up its shares for public trading for the first time since it filed for ipo in december 2022 the company agreed to initially offer 377 million shares to the public at 400 per share on its first day of trading the stock increased 526 from its opening price of 38 to its closing price of 400 ohmyhome performance on first day of trading about ohmyhome and its ipo ohmyhome is a onestopshop property technology platform based in singapore which provides endtoend property solutions and services to end customers directly to help them buy sell rent renovate their homes and more with a single application for its ipo omh agreed to offer 377 million shares at a price of 400 per share with an insider lockup period of 180 days ending on september 17 2023 an insider lockup period is a period of time after a company first goes public where major shareholders are not allowed to sell their shares the insider lockup period makes sure that the market does not get oversupplied with shares of the company traders may short the stock leading up to the lockupperiod expiration date in hopes that the price will fall due to an increase in supply of shares retail traders should be watching this stocks short interest as it moves closer to lockup expiration see also benzingas most shorted stocks this article was generated by benzingas automated content engine and reviewed by an editor