Real Asset Acquisition Corp.’s (NASDAQ:RAAQU) Lock-Up Period To End on October 27th

Real Asset Acquisition’s (NASDAQ:RAAQU) lock-up period will end on Monday, October 27th. Real Asset Acquisition had issued 15,000,000 shares in its public offering on April 29th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the end of Real Asset Acquisition’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Real Asset Acquisition Stock Down 0.7%

Shares of NASDAQ RAAQU opened at $10.75 on Monday. Real Asset Acquisition has a 52-week low of $9.20 and a 52-week high of $11.77. The company has a 50 day simple moving average of $10.41.

Hedge Funds Weigh In On Real Asset Acquisition

A number of hedge funds have recently made changes to their positions in RAAQU. Clear Street LLC acquired a new position in shares of Real Asset Acquisition in the second quarter worth approximately $714,000. DLD Asset Management LP bought a new position in Real Asset Acquisition during the 2nd quarter worth approximately $1,033,000. Finally, Wealthspring Capital LLC acquired a new position in shares of Real Asset Acquisition in the 2nd quarter worth approximately $2,129,000.

About Real Asset Acquisition

We are a special purpose acquisition company incorporated on December 9, 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.