Forefront Tech Holdings Acquisition’s (NASDAQ:FTHA – Get Free Report) lock-up period will expire on Tuesday, October 27th. Forefront Tech Holdings Acquisition had issued 10,000,000 shares in its IPO on April 30th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on Forefront Tech Holdings Acquisition in a research note on Wednesday, September 16th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has an average rating of “Sell”.
Check Out Our Latest Report on FTHA
Forefront Tech Holdings Acquisition Price Performance
Shares of Forefront Tech Holdings Acquisition stock opened at $10.04 on Friday. The business has a 50 day moving average of $9.98. Forefront Tech Holdings Acquisition has a one year low of $9.85 and a one year high of $10.02.
Forefront Tech Holdings Acquisition Company Profile
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