Bold Eagle Acquisition Corp.’s (NASDAQ:BEAGU) Lock-Up Period To End Tomorrow

by · The Cerbat Gem

Bold Eagle Acquisition’s (NASDAQ:BEAGU – Get Free Report) lock-up period will end on Tuesday, April 22nd. Bold Eagle Acquisition had issued 25,000,000 shares in its initial public offering on October 24th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the expiration of Bold Eagle Acquisition’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Bold Eagle Acquisition Stock Performance

Shares of NASDAQ:BEAGU opened at $10.37 on Monday. The stock’s 50 day moving average price is $10.30. Bold Eagle Acquisition has a 12 month low of $9.90 and a 12 month high of $10.50.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BEAGU. Kepos Capital LP purchased a new stake in Bold Eagle Acquisition in the 4th quarter valued at approximately $454,000. Schechter Investment Advisors LLC acquired a new stake in shares of Bold Eagle Acquisition during the fourth quarter valued at $462,000. Picton Mahoney Asset Management acquired a new stake in shares of Bold Eagle Acquisition during the fourth quarter valued at $1,008,000. Athos Capital Ltd purchased a new stake in Bold Eagle Acquisition during the 4th quarter worth about $1,008,000. Finally, Quarry LP acquired a new position in Bold Eagle Acquisition in the 4th quarter valued at about $1,512,000.

About Bold Eagle Acquisition

(Get Free Report)

Bold Eagle Acquisition Corp. is a special purpose acquisition company (SPAC) focused on identifying and acquiring businesses in the technology, media, and telecommunications (TMT) sectors. Bold Eagle Acquisition Corp. is headquartered in New York, NY.

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