NewHold Investment Corp IV’s Lock-Up Period Will Expire on October 12th (NASDAQ:NHIV)

NewHold Investment Corp IV’s (NASDAQ:NHIV) lock-up period will end on Monday, October 12th. NewHold Investment Corp IV had issued 17,500,000 shares in its initial public offering on April 15th. The total size of the offering was $175,000,000 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 expiration of the lock-up period.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of NewHold Investment Corp IV in a research note on Tuesday, September 1st. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

NewHold Investment Corp IV Trading Up 0.5%

Shares of NASDAQ NHIV opened at $10.10 on Wednesday. NewHold Investment Corp IV has a fifty-two week low of $9.80 and a fifty-two week high of $11.50. The company has a 50-day simple moving average of $10.13.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in NewHold Investment Corp IV stock. Moore Capital Management LP purchased a new position in shares of NewHold Investment Corp IV (NASDAQ:NHIV) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 700,000 shares of the company’s stock, valued at approximately $7,000,000. Moore Capital Management LP owned approximately 3.37% of NewHold Investment Corp IV at the end of the most recent quarter.

About NewHold Investment Corp IV

NewHold Investment Corp IV 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.