Muzero Acquisition Corp’s Lock-Up Period Set To Expire on July 29th (NASDAQ:MUZE)

Muzero Acquisition’s (NASDAQ:MUZE) lock-up period is set to end on Wednesday, July 29th. Muzero Acquisition had issued 17,500,000 shares in its IPO on January 30th. The total size of the offering was $175,000,000 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.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on Muzero Acquisition in a research note on Tuesday, June 16th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Muzero Acquisition Trading Down 0.0%

NASDAQ:MUZE opened at $9.96 on Wednesday. Muzero Acquisition has a fifty-two week low of $9.78 and a fifty-two week high of $9.99. The firm has a 50-day moving average price of $9.94.