Mountain Lake Acquisition Corp. II Units’ (NASDAQ:MLAAU – Get Free Report) lock-up period will expire on Monday, July 27th. Mountain Lake Acquisition Corp. II Units had issued 31,320,000 shares in its public offering on January 27th. The total size of the offering was $313,200,000 based on an initial share price of $10.00. After the end of Mountain Lake Acquisition Corp. II Units’ lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Mountain Lake Acquisition Corp. II Units Stock Down 0.5%
Shares of NASDAQ:MLAAU opened at $10.05 on Wednesday. Mountain Lake Acquisition Corp. II Units has a 1-year low of $9.93 and a 1-year high of $11.12. The business’s 50 day simple moving average is $10.15.
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