EGH Acquisition Corp.’s (NASDAQ:EGHAU) Lock-Up Period Set To End on November 5th

EGH Acquisition’s (NASDAQ:EGHAU) lock-up period will end on Wednesday, November 5th. EGH Acquisition had issued 15,000,000 shares in its IPO on May 9th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

EGH Acquisition Price Performance

NASDAQ EGHAU opened at $10.33 on Wednesday. EGH Acquisition has a 12 month low of $10.02 and a 12 month high of $11.00. The firm has a 50 day moving average of $10.28.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EGHAU. Hudson Bay Capital Management LP bought a new stake in shares of EGH Acquisition in the 2nd quarter valued at about $3,260,000. Radcliffe Capital Management L.P. acquired a new position in EGH Acquisition during the second quarter worth approximately $2,698,000. Moore Capital Management LP bought a new stake in EGH Acquisition in the second quarter valued at approximately $1,528,000. Linden Advisors LP bought a new stake in EGH Acquisition in the second quarter valued at approximately $12,228,000. Finally, LMR Partners LLP acquired a new stake in shares of EGH Acquisition in the second quarter valued at approximately $7,133,000.

EGH Acquisition Company Profile

We are a blank check company newly incorporated on January 9, 2025 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (our “initial business combination”).