PowerUp Acquisition's (NASDAQ:PWUPU – Get Rating) lock-up period will expire on Wednesday, August 17th. PowerUp Acquisition had issued 25,000,000 shares in its IPO on February 18th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the expiration of the company's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
PowerUp Acquisition Trading Down 0.2 %
Shares of PWUPU opened at $10.10 on Wednesday. PowerUp Acquisition has a 12 month low of $9.98 and a 12 month high of $11.22. The firm has a 50 day simple moving average of $10.07.
Get PowerUp Acquisition alerts:Institutional Trading of PowerUp Acquisition
Several institutional investors have recently bought and sold shares of PWUPU. Captrust Financial Advisors purchased a new position in shares of PowerUp Acquisition in the first quarter valued at approximately $120,000. Condor Capital Management purchased a new position in PowerUp Acquisition during the first quarter worth approximately $219,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in PowerUp Acquisition during the first quarter worth approximately $252,000. PEAK6 Investments LLC purchased a new position in PowerUp Acquisition during the first quarter worth approximately $252,000. Finally, Royal Bank of Canada acquired a new stake in PowerUp Acquisition during the first quarter worth $252,000.
PowerUp Acquisition Company Profile
(Get Rating)PowerUp Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure areas.
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