Enterprise 4.0 Technology Acquisition Corp.’s (NASDAQ:ENTFU) Lock-Up Period Set To End on April 18th

Enterprise 4.0 Technology Acquisition’s (NASDAQ:ENTFUGet Rating) lock-up period will expire on Monday, April 18th. Enterprise 4.0 Technology Acquisition had issued 26,100,000 shares in its IPO on October 19th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Shares of ENTFU stock opened at $10.11 on Wednesday. The company’s fifty day simple moving average is $10.07. Enterprise 4.0 Technology Acquisition has a 12 month low of $10.00 and a 12 month high of $10.80.

A number of institutional investors and hedge funds have recently bought and sold shares of ENTFU. Segantii Capital Management Ltd purchased a new position in Enterprise 4.0 Technology Acquisition during the 4th quarter worth $248,000. Dupont Capital Management Corp purchased a new position in Enterprise 4.0 Technology Acquisition during the 4th quarter worth $50,000. Calamos Advisors LLC purchased a new position in Enterprise 4.0 Technology Acquisition during the 4th quarter worth $12,084,000. Landscape Capital Management L.L.C. purchased a new position in Enterprise 4.0 Technology Acquisition during the 4th quarter worth $303,000. Finally, Sage Mountain Advisors LLC purchased a new position in shares of Enterprise 4.0 Technology Acquisition in the 4th quarter worth about $1,335,000.

About Enterprise 4.0 Technology Acquisition (Get Rating)

Enterprise 4.0 Technology Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palo Alto, California.

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