Apex Treasury Corp’s (NASDAQ:APXTU) Lock-Up Period To Expire on April 27th

Apex Treasury’s (NASDAQ:APXTU) lock-up period will expire on Monday, April 27th. Apex Treasury had issued 30,000,000 shares in its initial public offering on October 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Apex Treasury Stock Performance

Shares of NASDAQ APXTU opened at $10.10 on Friday. The company’s 50 day moving average price is $10.10. Apex Treasury has a 52-week low of $10.01 and a 52-week high of $10.41.

Institutional Trading of Apex Treasury

Institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC acquired a new stake in Apex Treasury during the fourth quarter valued at approximately $3,141,000. Toronto Dominion Bank acquired a new stake in Apex Treasury during the fourth quarter valued at approximately $5,700,000. AQR Arbitrage LLC acquired a new stake in Apex Treasury during the fourth quarter valued at approximately $7,997,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Apex Treasury during the fourth quarter valued at approximately $8,542,000. Finally, Wealthspring Capital LLC bought a new position in shares of Apex Treasury during the fourth quarter valued at approximately $4,946,000.