Calisa Acquisition Corp’s (NASDAQ:ALISU) Lock-Up Period Will End on April 20th

Calisa Acquisition’s (NASDAQ:ALISU) lock-up period is set to end on Monday, April 20th. Calisa Acquisition had issued 6,000,000 shares in its initial public offering on October 22nd. The total size of the offering was $60,000,000 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.

Calisa Acquisition Trading Up 1.6%

ALISU opened at $10.66 on Friday. The company’s 50-day moving average is $10.66. Calisa Acquisition has a 52-week low of $9.98 and a 52-week high of $11.11.

Hedge Funds Weigh In On Calisa Acquisition

Several institutional investors have recently made changes to their positions in the business. Lineage Point Capital LP bought a new position in shares of Calisa Acquisition in the 4th quarter worth approximately $104,000. Rivernorth Capital Management LLC bought a new position in shares of Calisa Acquisition in the 4th quarter worth approximately $3,135,000. AQR Arbitrage LLC bought a new position in shares of Calisa Acquisition in the 4th quarter worth approximately $3,371,000. Heights Capital Management Inc. bought a new position in shares of Calisa Acquisition in the 4th quarter worth approximately $784,000. Finally, Evercore Wealth Management LLC bought a new position in shares of Calisa Acquisition in the 4th quarter worth approximately $173,000.

Calisa Acquisition Company Profile

We are a blank check company incorporated on March 11, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. Although we are not limited to target businesses in any specific industry or geographic location, we intend to initially focus our search on target businesses in Asia.