Forefront Tech Holdings Acquisition Corp’s Lock-Up Period To End Tomorrow (NASDAQ:FTHA)

Forefront Tech Holdings Acquisition’s (NASDAQ:FTHA – Get Free Report) lock-up period is set to expire on Tuesday, October 27th. Forefront Tech Holdings Acquisition had issued 10,000,000 shares in its initial public offering on April 30th. The total size of the offering was $100,000,000 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.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on Forefront Tech Holdings Acquisition in a research report on Wednesday, September 16th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Get Our Latest Stock Report on FTHA

Forefront Tech Holdings Acquisition Trading Up 0.3%

Forefront Tech Holdings Acquisition stock opened at $10.04 on Monday. The stock has a 50 day moving average price of $9.98. Forefront Tech Holdings Acquisition has a fifty-two week low of $9.85 and a fifty-two week high of $10.02.

About Forefront Tech Holdings Acquisition

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