Churchill Capital Corp X/Cayman’s Lock-Up Period Set To Expire on November 10th (NASDAQ:CCCXU)

Churchill Capital Corp X/Cayman’s (NASDAQ:CCCXU) lock-up period will expire on Monday, November 10th. Churchill Capital Corp X/Cayman had issued 36,000,000 shares in its initial public offering on May 14th. The total size of the offering was $360,000,000 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.

Churchill Capital Corp X/Cayman Stock Performance

Shares of CCCXU opened at $16.75 on Wednesday. Churchill Capital Corp X/Cayman has a 1 year low of $10.22 and a 1 year high of $31.05. The stock’s 50-day simple moving average is $16.47.

Institutional Trading of Churchill Capital Corp X/Cayman

Several hedge funds have recently made changes to their positions in the business. Tuttle Capital Management LLC purchased a new position in Churchill Capital Corp X/Cayman in the second quarter worth approximately $206,000. Sandia Investment Management LP purchased a new position in Churchill Capital Corp X/Cayman in the second quarter worth approximately $206,000. Boothbay Fund Management LLC purchased a new position in Churchill Capital Corp X/Cayman in the second quarter worth approximately $258,000. Levin Capital Strategies L.P. purchased a new position in Churchill Capital Corp X/Cayman in the second quarter worth approximately $317,000. Finally, Clear Street LLC purchased a new position in Churchill Capital Corp X/Cayman in the second quarter worth approximately $543,000.

Churchill Capital Corp X/Cayman Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.