Harvard Avenue Acquisition Corp.’s (NASDAQ:HAVAU) Lock-Up Period Set To Expire Tomorrow

Harvard Avenue Acquisition’s (NASDAQ:HAVAUGet Free Report) lock-up period is set to expire on Tuesday, April 21st. Harvard Avenue Acquisition had issued 14,500,000 shares in its IPO on October 23rd. The total size of the offering was $145,000,000 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 expiration of the lock-up period.

Harvard Avenue Acquisition Trading Up 0.2%

Shares of HAVAU opened at $10.15 on Monday. Harvard Avenue Acquisition has a 52 week low of $9.98 and a 52 week high of $11.03. The firm’s 50-day simple moving average is $10.11 and its 200 day simple moving average is $10.06.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Toronto Dominion Bank acquired a new position in shares of Harvard Avenue Acquisition during the 4th quarter worth approximately $3,344,000. Rivernorth Capital Management LLC acquired a new position in shares of Harvard Avenue Acquisition during the 4th quarter worth approximately $1,009,000. Millennium Management LLC acquired a new position in shares of Harvard Avenue Acquisition during the 4th quarter worth approximately $9,586,000. AQR Arbitrage LLC acquired a new position in shares of Harvard Avenue Acquisition during the 4th quarter worth approximately $6,527,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of Harvard Avenue Acquisition during the 4th quarter worth approximately $1,452,000.

Harvard Avenue Acquisition Company Profile

(Get Free Report)

We are a blank check company incorporated in the Cayman Islands on August 15, 2024 as an exempted company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location.

See Also

Receive News & Ratings for Harvard Avenue Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harvard Avenue Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.