X3 Acquisition’s (NASDAQ:XCBE – Get Free Report) lock-up period is set to end on Monday, July 20th. X3 Acquisition had issued 20,000,000 shares in its public offering on January 21st. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on X3 Acquisition in a research note on Monday, June 8th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
View Our Latest Stock Report on X3 Acquisition
X3 Acquisition Price Performance
About X3 Acquisition
X3 Acquisition Corp Ltd is a blank check company.
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