Columbus Circle Capital Corp II’s Lock-Up Period To End Tomorrow (NASDAQ:CMII)

Columbus Circle Capital Corp II’s (NASDAQ:CMII) lock-up period is set to expire on Monday, August 10th. Columbus Circle Capital Corp II had issued 20,000,000 shares in its initial public offering on February 11th. The total size of the offering was $200,000,000 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Columbus Circle Capital Corp II in a research report on Friday, June 5th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Columbus Circle Capital Corp II Stock Performance

Shares of NASDAQ CMII opened at $10.02 on Friday. The firm has a 50 day moving average price of $10.04. Columbus Circle Capital Corp II has a 52 week low of $9.76 and a 52 week high of $10.22.

About Columbus Circle Capital Corp II

Columbus Circle Capital Corp II is a blank check company 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.