Archimedes Tech SPAC Partners III Co. Units’ (NASDAQ:ARCIU) Lock-Up Period Set To End on July 22nd

Archimedes Tech SPAC Partners III Co. Units’ (NASDAQ:ARCIUGet Free Report) lock-up period is set to end on Wednesday, July 22nd. Archimedes Tech SPAC Partners III Co. Units had issued 24,000,000 shares in its public offering on January 23rd. The total size of the offering was $240,000,000 based on an initial share price of $10.00. After the end of Archimedes Tech SPAC Partners III Co. Units’ lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Archimedes Tech SPAC Partners III Co. Units Stock Up 0.6%

NASDAQ ARCIU opened at $10.20 on Friday. Archimedes Tech SPAC Partners III Co. Units has a fifty-two week low of $9.99 and a fifty-two week high of $10.66. The business has a fifty day moving average of $10.14.

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