Dragoneer Growth Opportunities Corp. II’s Lock-Up Period Set To End Tomorrow (NASDAQ:DGNS)

Dragoneer Growth Opportunities Corp. II’s (NASDAQ:DGNS) lock-up period will expire on Monday, May 17th. Dragoneer Growth Opportunities Corp. II had issued 24,000,000 shares in its initial public offering on November 17th. The total size of the offering was $240,000,000 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 expiration of the lock-up period.

Shares of NASDAQ DGNS opened at $10.03 on Friday. The firm has a 50-day moving average of $10.25. Dragoneer Growth Opportunities Corp. II has a 52-week low of $9.99 and a 52-week high of $14.62.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Alpha Paradigm Partners LLC acquired a new position in Dragoneer Growth Opportunities Corp. II during the fourth quarter worth about $56,000. Wells Fargo & Company MN acquired a new position in Dragoneer Growth Opportunities Corp. II during the fourth quarter worth about $159,000. Periscope Capital Inc. acquired a new position in Dragoneer Growth Opportunities Corp. II during the fourth quarter worth about $205,000. Syquant Capital Sas acquired a new position in Dragoneer Growth Opportunities Corp. II during the fourth quarter worth about $234,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in Dragoneer Growth Opportunities Corp. II during the fourth quarter worth about $228,000.

About Dragoneer Growth Opportunities Corp. II

Dragoneer Growth Opportunities Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was formerly known as Dragoneer Growth Opportunities Beta Corp. Dragoneer Growth Opportunities Corp.

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