New Delhi, April 27 -- String Metaverse share price hit 5% upper circuit for the fourth straight session on Monday after the company announced completion of its offer-for-sale (OFS) and a proposal for bonus issue of shares. The penny stock has jumped 20.4% in four sessions.

String Metaverse last week announced the successful completion of its offer for sale (OFS) of equity shares, which saw a strong and broad-based response from investors across categories. The company also executed a stock split during the same period.

Additionally, the company's board of directors will also consider a bonus issue of shares on April 29.

String Metaverse OFS was conducted over two trading days with Non-Retail Investors segment getting approximately 149...