Apex Treasury Corp’s Lock-Up Period To End on April 27th (NASDAQ:APXTU)

Apex Treasury’s (NASDAQ:APXTU) lock-up period is set to end on Monday, April 27th. Apex Treasury had issued 30,000,000 shares in its public offering on October 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the expiration of Apex Treasury’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Apex Treasury Stock Performance

Apex Treasury stock opened at $10.10 on Monday. Apex Treasury has a fifty-two week low of $10.01 and a fifty-two week high of $10.41. The stock’s 50-day moving average price is $10.10.

Hedge Funds Weigh In On Apex Treasury

Hedge funds have recently modified their holdings of the company. Schonfeld Strategic Advisors LLC bought a new position in shares of Apex Treasury during the 4th quarter worth approximately $202,000. ABC Arbitrage SA bought a new position in shares of Apex Treasury during the 4th quarter worth approximately $201,000. Heights Capital Management Inc. bought a new position in shares of Apex Treasury during the 4th quarter worth approximately $251,000. Clear Street Group Inc. bought a new position in shares of Apex Treasury during the 4th quarter worth approximately $259,000. Finally, Glazer Capital LLC bought a new position in shares of Apex Treasury during the 4th quarter worth approximately $328,000.