LaFayette Acquisition Corp. Unit’s (NASDAQ:LAFAU) Lock-Up Period To Expire on April 22nd

LaFayette Acquisition Corp. Unit’s (NASDAQ:LAFAU) lock-up period is set to expire on Wednesday, April 22nd. LaFayette Acquisition Corp. Unit had issued 10,000,000 shares in its IPO on October 24th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

LaFayette Acquisition Corp. Unit Trading Up 0.2%

Shares of LAFAU opened at $10.08 on Wednesday. LaFayette Acquisition Corp. Unit has a 12 month low of $9.98 and a 12 month high of $11.10. The stock’s 50 day simple moving average is $10.12.