Blockchain Moon Acquisition’s (NASDAQ:BMAQU – Get Rating) lock-up period is set to expire on Monday, April 18th. Blockchain Moon Acquisition had issued 10,000,000 shares in its IPO on October 19th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. 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.
Shares of BMAQU opened at $10.29 on Wednesday. Blockchain Moon Acquisition has a one year low of $9.90 and a one year high of $11.33. The stock has a fifty day moving average price of $10.24.
A number of institutional investors and hedge funds have recently made changes to their positions in BMAQU. Mint Tower Capital Management B.V. bought a new position in Blockchain Moon Acquisition in the 4th quarter worth $2,105,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of Blockchain Moon Acquisition during the 4th quarter worth about $700,000. SkyView Investment Advisors LLC bought a new position in shares of Blockchain Moon Acquisition during the 4th quarter worth about $684,000. Millennium Management LLC bought a new position in shares of Blockchain Moon Acquisition during the 4th quarter worth about $315,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Blockchain Moon Acquisition during the 4th quarter worth about $210,000.
Blockchain Moon Acquisition Corp. focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and consummate an initial business combination with a company that focuses on blockchain technology.
- Get a free copy of the StockNews.com research report on Blockchain Moon Acquisition (BMAQU)
- Insiders Are Selling Palo Alto Networks
- Greenbrier Companies Stock has Green in its Future
- 3 Bank Stocks That Are Ready to Handle Whatever the Fed Throws at Them
- Tilray Stock Has Better Days Ahead
- Headwinds Mount For Carmax, Don’t Count On Higher Share Prices
Receive News & Ratings for Blockchain Moon Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blockchain Moon Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.