Praetorian Acquisition’s (NASDAQ:PTOR – Get Free Report) lock-up period will expire on Wednesday, July 22nd. Praetorian Acquisition had issued 22,000,000 shares in its public offering on January 23rd. The total size of the offering was $220,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.
Analyst Ratings Changes
Separately, Weiss Ratings assumed coverage on Praetorian Acquisition in a research note on Tuesday, June 9th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Check Out Our Latest Analysis on Praetorian Acquisition
Praetorian Acquisition Stock Down 0.1%
About Praetorian Acquisition
Praetorian Acquisition Corp 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.
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