K2 Capital Acquisition Corporation Units’ (NASDAQ:KTWOU – Get Free Report) lock-up period is set to expire on Tuesday, July 28th. K2 Capital Acquisition Corporation Units had issued 12,000,000 shares in its IPO on January 29th. The total size of the offering was $120,000,000 based on an initial share price of $10.00. After the end of K2 Capital Acquisition Corporation Units’ lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
K2 Capital Acquisition Corporation Units Trading Down 0.2%
NASDAQ:KTWOU opened at $10.13 on Thursday. The company has a 50-day moving average price of $10.16. K2 Capital Acquisition Corporation Units has a 1-year low of $10.03 and a 1-year high of $11.23.
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