American Exceptionalism Acquisition Corp.’s Lock-Up Period Will Expire on March 25th (NYSE:AEXA)

American Exceptionalism Acquisition’s (NYSE:AEXA) lock-up period will end on Wednesday, March 25th. American Exceptionalism Acquisition had issued 30,000,000 shares in its public offering on September 26th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

American Exceptionalism Acquisition Price Performance

AEXA stock opened at $11.31 on Wednesday. The company has a 50 day moving average price of $11.40. American Exceptionalism Acquisition has a twelve month low of $10.49 and a twelve month high of $11.91.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Moore Capital Management LP raised its holdings in shares of American Exceptionalism Acquisition by 9.1% in the fourth quarter. Moore Capital Management LP now owns 1,200,000 shares of the company’s stock valued at $13,668,000 after buying an additional 100,000 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of American Exceptionalism Acquisition during the third quarter worth about $12,023,000. Magnetar Financial LLC acquired a new position in American Exceptionalism Acquisition in the 3rd quarter valued at about $12,023,000. Boothbay Fund Management LLC acquired a new position in American Exceptionalism Acquisition in the 3rd quarter valued at about $11,941,000. Finally, Polar Asset Management Partners Inc. purchased a new stake in American Exceptionalism Acquisition during the 3rd quarter valued at approximately $10,930,000.

About American Exceptionalism Acquisition

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.