APEX Tech Acquisition Inc.’s (NYSE:TRAD) Lock-Up Period To End on August 25th

APEX Tech Acquisition’s (NYSE:TRAD) lock-up period will end on Tuesday, August 25th. APEX Tech Acquisition had issued 10,000,000 shares in its public offering on February 26th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of APEX Tech Acquisition in a research report on Wednesday, July 15th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

APEX Tech Acquisition Stock Performance

NYSE:TRAD opened at $10.03 on Thursday. The business’s 50 day moving average price is $9.98. APEX Tech Acquisition has a 52 week low of $9.85 and a 52 week high of $10.04.

APEX Tech Acquisition Company Profile

APEX Tech Acquisition Inc is a blank check company.