Praetorian Acquisition Corp. Units’ Lock-Up Period Will Expire on July 22nd (NASDAQ:PTORU)

Praetorian Acquisition Corp. Units’ (NASDAQ:PTORUGet Free Report) lock-up period is set to end on Wednesday, July 22nd. Praetorian Acquisition Corp. Units had issued 22,000,000 shares in its IPO on January 23rd. The total size of the offering was $220,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Praetorian Acquisition Corp. Units Stock Performance

Shares of PTORU stock opened at $10.25 on Friday. The firm’s 50-day moving average price is $10.12. Praetorian Acquisition Corp. Units has a twelve month low of $8.90 and a twelve month high of $10.90.

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