American Exceptionalism Acquisition Corp.’s Lock-Up Period To Expire Tomorrow (NYSE:AEXA)

American Exceptionalism Acquisition’s (NYSE:AEXA) lock-up period will expire on Wednesday, March 25th. American Exceptionalism Acquisition had issued 30,000,000 shares in its public offering on September 26th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the expiration of American Exceptionalism Acquisition’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, American Exceptionalism Acquisition presently has an average rating of “Sell”.

American Exceptionalism Acquisition Trading Up 1.0%

AEXA opened at $11.21 on Tuesday. American Exceptionalism Acquisition has a 52 week low of $10.49 and a 52 week high of $11.91. The stock’s 50 day moving average price is $11.39.

Institutional Trading of American Exceptionalism Acquisition

Institutional investors and hedge funds have recently bought and sold shares of the business. Lineage Point Capital LP acquired a new stake in American Exceptionalism Acquisition during the 4th quarter worth $569,000. Moore Capital Management LP raised its holdings in shares of American Exceptionalism Acquisition by 9.1% in the fourth quarter. Moore Capital Management LP now owns 1,200,000 shares of the company’s stock valued at $13,668,000 after buying an additional 100,000 shares during the last quarter. Governors Lane LP raised its holdings in shares of American Exceptionalism Acquisition by 93.0% in the fourth quarter. Governors Lane LP now owns 903,563 shares of the company’s stock valued at $10,292,000 after buying an additional 435,463 shares during the last quarter. Clearline Capital LP acquired a new stake in shares of American Exceptionalism Acquisition during the fourth quarter worth about $155,000. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of American Exceptionalism Acquisition during the fourth quarter worth about $2,115,000.

About American Exceptionalism Acquisition

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.