Space Asset Acquisition Corp.’s Lock-Up Period To Expire Tomorrow (NASDAQ:SAAQ)

Space Asset Acquisition’s (NASDAQ:SAAQ) lock-up period will end on Monday, July 27th. Space Asset Acquisition had issued 20,000,000 shares in its public offering on January 28th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the end of Space Asset Acquisition’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on shares of Space Asset Acquisition in a research report on Monday, June 15th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Space Asset Acquisition currently has an average rating of “Sell”.

Space Asset Acquisition Price Performance

Shares of Space Asset Acquisition stock opened at $10.18 on Friday. The business has a 50 day moving average of $10.31. Space Asset Acquisition has a one year low of $9.88 and a one year high of $11.10.

About Space Asset Acquisition

Space Asset Acquisition Corp is a blank check company.