Bleichroeder Acquisition Corp. I’s Lock-Up Period To End on April 30th (NASDAQ:BACQU)

Bleichroeder Acquisition Corp. I’s (NASDAQ:BACQU) lock-up period is set to expire on Wednesday, April 30th. Bleichroeder Acquisition Corp. I had issued 25,000,000 shares in its initial public offering on November 1st. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the end of Bleichroeder Acquisition Corp. I’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Bleichroeder Acquisition Corp. I Stock Performance

NASDAQ BACQU opened at $10.18 on Wednesday. Bleichroeder Acquisition Corp. I has a 12-month low of $9.97 and a 12-month high of $10.92.

Bleichroeder Acquisition Corp. I Company Profile

We are a blank check company incorporated on June 24, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.