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

APEX Tech Acquisition’s (NYSE:TRADGet Free Report) lock-up period will expire 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. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on APEX Tech Acquisition in a report on Wednesday, July 15th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on TRAD

APEX Tech Acquisition Stock Performance

Shares of TRAD opened at $10.04 on Friday. The stock has a 50 day simple moving average of $9.98. APEX Tech Acquisition has a 12-month low of $9.85 and a 12-month high of $10.05.

About APEX Tech Acquisition

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APEX Tech Acquisition Inc is a blank check company.

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