ClearThink 1 Acquisition Corp.’s Lock-Up Period Will End on August 24th (NASDAQ:CTAA)

ClearThink 1 Acquisition’s (NASDAQ:CTAA) lock-up period is set to end on Monday, August 24th. ClearThink 1 Acquisition had issued 12,500,000 shares in its IPO on February 24th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. After the end of ClearThink 1 Acquisition’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of ClearThink 1 Acquisition in a research note on Monday, July 13th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

ClearThink 1 Acquisition Trading Down 0.0%

CTAA opened at $9.95 on Friday. The business’s fifty day moving average price is $9.94. ClearThink 1 Acquisition has a 52 week low of $9.82 and a 52 week high of $10.00.

ClearThink 1 Acquisition Company Profile

ClearThink 1 Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.