KRAKacquisition’s (NASDAQ:KRAQ – Get Free Report) lock-up period will expire 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. After the expiration of KRAKacquisition’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
KRAKacquisition Stock Up 0.3%
Shares of KRAQ opened at $10.02 on Friday. The company has a 50-day moving average price of $9.97. KRAKacquisition has a one year low of $9.78 and a one year high of $10.44.
About KRAKacquisition
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