Space Asset Acquisition Corp.’s (NASDAQ:SAAQ) Lock-Up Period Will End on July 27th

Space Asset Acquisition’s (NASDAQ:SAAQ) lock-up period will end on Monday, July 27th. Space Asset Acquisition had issued 20,000,000 shares in its initial public offering on January 28th. 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, company insiders and major shareholders will be able to sell their shares of the company.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on shares of Space Asset Acquisition in a research note on Monday, June 15th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Space Asset Acquisition currently has an average rating of “Sell”.

Space Asset Acquisition Price Performance

Shares of NASDAQ:SAAQ opened at $10.20 on Monday. Space Asset Acquisition has a 1 year low of $9.88 and a 1 year high of $11.10. The business’s 50-day moving average price is $10.32.

About Space Asset Acquisition

Space Asset Acquisition Corp is a blank check company.