Bold Eagle Acquisition Corp.’s Lock-Up Period To End on April 22nd (NASDAQ:BEAGU)

Bold Eagle Acquisition’s (NASDAQ:BEAGU) lock-up period will end on Tuesday, April 22nd. Bold Eagle Acquisition had issued 25,000,000 shares in its initial public offering on October 24th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Bold Eagle Acquisition Stock Performance

Shares of BEAGU stock opened at $10.37 on Friday. Bold Eagle Acquisition has a 52 week low of $9.90 and a 52 week high of $10.50. The stock has a 50-day moving average of $10.30.

Institutional Trading of Bold Eagle Acquisition

Several hedge funds have recently made changes to their positions in BEAGU. Kepos Capital LP bought a new position in shares of Bold Eagle Acquisition during the 4th quarter worth $454,000. Schechter Investment Advisors LLC bought a new position in Bold Eagle Acquisition during the fourth quarter worth about $462,000. Picton Mahoney Asset Management bought a new position in Bold Eagle Acquisition during the fourth quarter worth about $1,008,000. Athos Capital Ltd purchased a new position in shares of Bold Eagle Acquisition in the fourth quarter worth about $1,008,000. Finally, Quarry LP bought a new stake in shares of Bold Eagle Acquisition in the fourth quarter valued at approximately $1,512,000.

Bold Eagle Acquisition Company Profile

Bold Eagle Acquisition Corp. is a special purpose acquisition company (SPAC) focused on identifying and acquiring businesses in the technology, media, and telecommunications (TMT) sectors. Bold Eagle Acquisition Corp. is headquartered in New York, NY.