TLGY Acquisition Co.’s Lock-Up Period Will Expire on May 30th (NASDAQ:TLGYU)

TLGY Acquisition’s (NASDAQ:TLGYU – Get Rating) lock-up period is set to expire on Monday, May 30th. TLGY Acquisition had issued 20,000,000 shares in its public offering on December 1st. The total size of the offering was $200,000,000 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 end of the lock-up period.

NASDAQ TLGYU opened at $10.05 on Monday. TLGY Acquisition has a 1 year low of $9.97 and a 1 year high of $10.20.

About TLGY Acquisition (Get Rating)

TLGY Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on targets in biopharma or technology enabled business-to-consumer industries worldwide.

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