Bleichroeder Acquisition Corp. I’s Lock-Up Period Will Expire on April 30th (NASDAQ:BACQU)

Bleichroeder Acquisition Corp. I’s (NASDAQ:BACQU) lock-up period is set to expire on Wednesday, April 30th. Bleichroeder Acquisition Corp. I had issued 25,000,000 shares in its public offering on November 1st. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Bleichroeder Acquisition Corp. I Price Performance

NASDAQ:BACQU opened at $10.50 on Friday. Bleichroeder Acquisition Corp. I has a 52 week low of $9.97 and a 52 week high of $10.92.

About Bleichroeder Acquisition Corp. I

We are a blank check company incorporated on June 24, 2024 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, which we refer to throughout this prospectus as our initial business combination.