Spartacus Acquisition Co.’s Lock-Up Period Will Expire on April 13th (OTCMKTS:TMTSU)
Spartacus Acquisition’s (OTCMKTS:TMTSU) lock-up period is set to end on Tuesday, April 13th. Spartacus Acquisition had issued 20,000,000 shares in its public offering on October 15th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of Spartacus Acquisition’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Shares of Spartacus Acquisition stock opened at $10.24 on Thursday. The business has a fifty day moving average price of $10.51. Spartacus Acquisition has a fifty-two week low of $9.91 and a fifty-two week high of $11.62.
Institutional investors and hedge funds have recently modified their holdings of the stock. Panagora Asset Management Inc. purchased a new position in Spartacus Acquisition in the 4th quarter worth approximately $87,000. Walleye Trading LLC purchased a new position in shares of Spartacus Acquisition in the fourth quarter worth $106,000. Sage Mountain Advisors LLC bought a new position in shares of Spartacus Acquisition during the fourth quarter worth $135,000. Walleye Capital LLC purchased a new position in Spartacus Acquisition during the fourth quarter valued at $159,000. Finally, Gamco Investors INC. ET AL bought a new stake in Spartacus Acquisition in the 4th quarter valued at $218,000.
Spartacus Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Duluth, Georgia.
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