Spartacus Acquisition Corp. II’s (NASDAQ:TMTS) Lock-Up Period Set To Expire on August 10th

Spartacus Acquisition Corp. II’s (NASDAQ:TMTS) lock-up period is set to end on Monday, August 10th. Spartacus Acquisition Corp. II had issued 20,000,000 shares in its initial public offering on February 11th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of Spartacus Acquisition Corp. II’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Spartacus Acquisition Corp. II Stock Performance

TMTS stock opened at $10.07 on Wednesday. The company has a 50-day moving average price of $10.03. Spartacus Acquisition Corp. II has a 12-month low of $9.90 and a 12-month high of $10.45.

About Spartacus Acquisition Corp. II

Spartacus Acquisition Corp II 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.