Archimedes Tech SPAC Partners III’s (NASDAQ:ARCI – Get Free Report) lock-up period will expire on Wednesday, July 22nd. Archimedes Tech SPAC Partners III had issued 24,000,000 shares in its IPO on January 23rd. The total size of the offering was $240,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.
Archimedes Tech SPAC Partners III Stock Down 0.1%
ARCI opened at $10.07 on Friday. The company has a market cap of $17.07 million, a PE ratio of -5.04 and a beta of 1.13. Archimedes Tech SPAC Partners III has a 12 month low of $9.83 and a 12 month high of $10.08. The company has a fifty day moving average of $9.99.
About Archimedes Tech SPAC Partners III
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