Bold Eagle Acquisition Corp.’s Lock-Up Period To Expire on April 22nd (NASDAQ:BEAGU)

Bold Eagle Acquisition’s (NASDAQ:BEAGU) lock-up period is set to expire 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. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Bold Eagle Acquisition Stock Performance

Shares of NASDAQ:BEAGU opened at $10.37 on Friday. Bold Eagle Acquisition has a 52-week low of $9.90 and a 52-week high of $10.50. The business has a 50 day moving average price of $10.30.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Millennium Management LLC bought a new position in Bold Eagle Acquisition in the 4th quarter valued at about $13,772,000. Moore Capital Management LP bought a new position in shares of Bold Eagle Acquisition in the fourth quarter valued at approximately $10,080,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Bold Eagle Acquisition during the fourth quarter valued at approximately $9,324,000. Linden Advisors LP bought a new stake in Bold Eagle Acquisition during the fourth quarter worth $8,064,000. Finally, Alyeska Investment Group L.P. purchased a new stake in Bold Eagle Acquisition in the 4th quarter valued at $5,040,000.

About Bold Eagle Acquisition

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.