K2 Capital Acquisition Corporation Class A Ordinary Share’s (NASDAQ:KTWO) Lock-Up Period To Expire on July 28th

K2 Capital Acquisition Corporation Class A Ordinary Share’s (NASDAQ:KTWO) lock-up period is set to end on Tuesday, July 28th. K2 Capital Acquisition Corporation Class A Ordinary Share had issued 12,000,000 shares in its public offering on January 29th. The total size of the offering was $120,000,000 based on an initial share price of $10.00. After the end of K2 Capital Acquisition Corporation Class A Ordinary Share’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded K2 Capital Acquisition Corporation Class A Ordinary Share to a “hold” rating in a report on Saturday, April 11th.

K2 Capital Acquisition Corporation Class A Ordinary Share Price Performance

K2 Capital Acquisition Corporation Class A Ordinary Share stock opened at $9.96 on Tuesday. The company has a 50 day moving average price of $9.97. K2 Capital Acquisition Corporation Class A Ordinary Share has a 1-year low of $9.84 and a 1-year high of $10.07.

About K2 Capital Acquisition Corporation Class A Ordinary Share

K2 Capital Acquisition Corp is a blank check company.