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

Paloma Acquisition Corp I’s (NASDAQ:PALO) lock-up period is set to expire on Tuesday, August 18th. Paloma Acquisition Corp I had issued 15,000,000 shares in its IPO 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 major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Paloma Acquisition Corp I Trading Up 0.2%

Shares of Paloma Acquisition Corp I stock opened at $9.96 on Friday. The firm has a 50-day simple moving average of $9.92. Paloma Acquisition Corp I has a 52 week low of $9.84 and a 52 week high of $9.95.

About Paloma Acquisition Corp I

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.