Paloma Acquisition Corp I’s Lock-Up Period Set To Expire on August 18th (NASDAQ:PALO)

Paloma Acquisition Corp I’s (NASDAQ:PALO) lock-up period will end on Tuesday, August 18th. Paloma Acquisition Corp I had issued 15,000,000 shares in its initial public offering on February 19th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Paloma Acquisition Corp I Stock Performance

Shares of PALO stock opened at $9.93 on Thursday. Paloma Acquisition Corp I has a 52 week low of $9.84 and a 52 week high of $9.95. The stock has a 50-day moving average of $9.92.

Paloma Acquisition Corp I Company Profile

Paloma Acquisition Corp I is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.