K2 Capital Acquisition Corporation Units’ (NASDAQ:KTWOU – Get Free Report) lock-up period is set to end on Tuesday, July 28th. K2 Capital Acquisition Corporation Units had issued 12,000,000 shares in its IPO on January 29th. The total size of the offering was $120,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
K2 Capital Acquisition Corporation Units Trading Up 0.1%
NASDAQ KTWOU opened at $10.16 on Tuesday. The stock’s 50-day simple moving average is $10.16. K2 Capital Acquisition Corporation Units has a twelve month low of $10.03 and a twelve month high of $11.23.
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