Achari Ventures Holdings Corp. I’s Lock-Up Period Set To Expire Tomorrow (NASDAQ:AVHIU)

Achari Ventures Holdings Corp. I’s (NASDAQ:AVHIUGet Rating) lock-up period will expire on Wednesday, April 13th. Achari Ventures Holdings Corp. I had issued 10,000,000 shares in its initial public offering on October 15th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

AVHIU opened at $10.01 on Tuesday. Achari Ventures Holdings Corp. I has a fifty-two week low of $9.78 and a fifty-two week high of $11.28. The stock’s 50 day simple moving average is $10.06.

A number of institutional investors and hedge funds have recently bought and sold shares of AVHIU. Wolverine Asset Management LLC bought a new stake in Achari Ventures Holdings Corp. I during the 4th quarter worth approximately $96,000. MMCAP International Inc. SPC bought a new stake in Achari Ventures Holdings Corp. I during the 4th quarter worth approximately $5,070,000. Millennium Management LLC bought a new stake in Achari Ventures Holdings Corp. I during the 4th quarter worth approximately $304,000. Schonfeld Strategic Advisors LLC bought a new stake in Achari Ventures Holdings Corp. I during the 4th quarter worth approximately $204,000. Finally, SkyView Investment Advisors LLC bought a new stake in Achari Ventures Holdings Corp. I during the 4th quarter worth approximately $505,000.

About Achari Ventures Holdings Corp. I (Get Rating)

Achari Ventures Holdings Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Clark, New Jersey.

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