KRAKacquisition Corp’s Lock-Up Period Will Expire on July 27th (NASDAQ:KRAQ)

KRAKacquisition’s (NASDAQ:KRAQGet Free Report) lock-up period is set to end on Monday, July 27th. KRAKacquisition had issued 30,000,000 shares in its IPO on January 28th. 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.

KRAKacquisition Stock Performance

KRAKacquisition stock opened at $9.99 on Monday. KRAKacquisition has a 1-year low of $9.78 and a 1-year high of $10.44. The company has a fifty day simple moving average of $9.96.

KRAKacquisition Company Profile

(Get Free Report)

Krakacquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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