NewHold Investment Corp. II’s (OTCMKTS:NHICU) Lock-Up Period Set To End on August 27th

NewHold Investment Corp. II’s (OTCMKTS:NHICU) lock-up period is set to end on Wednesday, August 27th. NewHold Investment Corp. II had issued 17,500,000 shares in its IPO on February 28th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

NewHold Investment Corp. II Price Performance

NHICU stock opened at $10.30 on Friday. NewHold Investment Corp. II has a one year low of $10.02 and a one year high of $11.15. The firm has a 50 day simple moving average of $10.36 and a two-hundred day simple moving average of $10.20.

Institutional Investors Weigh In On NewHold Investment Corp. II

Large investors have recently bought and sold shares of the company. Wealthspring Capital LLC purchased a new stake in NewHold Investment Corp. II in the first quarter valued at approximately $981,000. Tuttle Capital Management LLC purchased a new stake in NewHold Investment Corp. II in the first quarter valued at approximately $101,000. Context Capital Management LLC purchased a new stake in NewHold Investment Corp. II in the first quarter valued at approximately $1,006,000. Crossingbridge Advisors LLC purchased a new stake in NewHold Investment Corp. II in the first quarter valued at approximately $2,518,000. Finally, DLD Asset Management LP purchased a new stake in NewHold Investment Corp. II in the first quarter valued at approximately $3,021,000.

About NewHold Investment Corp. II

NewHold Investment Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on the industrial technology business.