Praetorian Acquisition Corp. Units’ Lock-Up Period Set To Expire Tomorrow (NASDAQ:PTORU)

Praetorian Acquisition Corp. Units’ (NASDAQ:PTORUGet Free Report) lock-up period will expire on Wednesday, July 22nd. Praetorian Acquisition Corp. Units had issued 22,000,000 shares in its initial public offering on January 23rd. The total size of the offering was $220,000,000 based on an initial share price of $10.00. After the end of Praetorian Acquisition Corp. Units’ lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Praetorian Acquisition Corp. Units Price Performance

PTORU opened at $10.25 on Tuesday. The firm’s fifty day simple moving average is $10.13. Praetorian Acquisition Corp. Units has a 52-week low of $8.90 and a 52-week high of $10.90.

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