KRAQU’s (NASDAQ:KRAQU – Get Free Report) lock-up period will end on Monday, July 27th. KRAQU had issued 30,000,000 shares in its public offering on January 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the expiration of KRAQU’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
KRAQU Trading Down 1.9%
KRAQU opened at $10.10 on Wednesday. The company’s 50 day simple moving average is $10.16. KRAQU has a twelve month low of $10.01 and a twelve month high of $10.50.
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