KRAKacquisition Corp’s Lock-Up Period Will Expire on July 27th (NASDAQ:KRAQ)

KRAKacquisition’s (NASDAQ:KRAQGet Free Report) lock-up period will end on Monday, July 27th. KRAKacquisition had issued 30,000,000 shares in its IPO on January 28th. The total size of the offering was $300,000,000 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.

KRAKacquisition Stock Up 0.1%

KRAQ stock opened at $9.99 on Friday. The stock’s 50 day moving average is $9.97. KRAKacquisition has a 52 week low of $9.78 and a 52 week high of $10.44.

About KRAKacquisition

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Krakacquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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