HCM IV Acquisition’s (NASDAQ:HACQ – Get Free Report) lock-up period will end on Tuesday, August 11th. HCM IV Acquisition had issued 25,000,000 shares in its IPO on February 12th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on HCM IV Acquisition in a research report on Tuesday, June 30th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, HCM IV Acquisition currently has an average rating of “Sell”.
View Our Latest Report on HACQ
HCM IV Acquisition Trading Up 0.1%
About HCM IV Acquisition
HCM IV Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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