DMIIU’s (NASDAQ:DMIIU – Get Free Report) lock-up period is set to end on Tuesday, March 24th. DMIIU had issued 50,000,000 shares in its IPO on September 25th. The total size of the offering was $500,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
DMIIU Trading Down 0.2%
Shares of NASDAQ:DMIIU opened at $10.02 on Tuesday. The company has a 50 day moving average price of $10.07. DMIIU has a 52 week low of $9.94 and a 52 week high of $10.80.
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