Blue Water Acquisition Corp. IV’s (NYSE:BWIV – Get Free Report) lock-up period is set to end on Wednesday, September 16th. Blue Water Acquisition Corp. IV had issued 12,500,000 shares in its public offering on March 20th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on shares of Blue Water Acquisition Corp. IV in a research note on Tuesday, August 18th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Blue Water Acquisition Corp. IV currently has a consensus rating of “Sell”.
Read Our Latest Stock Report on BWIV
Blue Water Acquisition Corp. IV Stock Performance
About Blue Water Acquisition Corp. IV
Blue Water Acquisition Corp IV is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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