MOZAYYX Acquisition Corp.’s (NYSE:MZYX) Lock-Up Period Will End Tomorrow

MOZAYYX Acquisition’s (NYSE:MZYX) lock-up period is set to end on Monday, August 24th. MOZAYYX Acquisition had issued 26,100,000 shares in its public offering on February 25th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on MOZAYYX Acquisition in a research note on Friday, August 14th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

MOZAYYX Acquisition Stock Up 0.1%

MOZAYYX Acquisition stock opened at $9.98 on Friday. MOZAYYX Acquisition has a 1 year low of $9.79 and a 1 year high of $10.10. The firm has a 50 day moving average of $9.98.

About MOZAYYX Acquisition

MOZAYYX Acquisition Corp 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 or entities.