Disruptive Acquisition Co. I’s Lock-Up Period To End on September 20th (OTCMKTS:DISAU)

Disruptive Acquisition Co. I’s (OTCMKTS:DISAU) lock-up period will expire on Monday, September 20th. Disruptive Acquisition Co. I had issued 25,000,000 shares in its initial public offering on March 24th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Shares of Disruptive Acquisition Co. I stock opened at $9.86 on Wednesday. Disruptive Acquisition Co. I has a 1 year low of $9.71 and a 1 year high of $10.20. The company’s fifty day simple moving average is $9.94.

Several institutional investors have recently made changes to their positions in DISAU. Panagora Asset Management Inc. purchased a new stake in shares of Disruptive Acquisition Co. I during the 1st quarter valued at $87,000. Coe Capital Management LLC purchased a new stake in Disruptive Acquisition Co. I in the 2nd quarter worth about $123,000. Landscape Capital Management L.L.C. purchased a new stake in Disruptive Acquisition Co. I in the 1st quarter worth about $144,000. Boothbay Fund Management LLC purchased a new stake in Disruptive Acquisition Co. I in the 2nd quarter worth about $151,000. Finally, Voloridge Investment Management LLC purchased a new stake in Disruptive Acquisition Co. I in the 1st quarter worth about $202,000.

About Disruptive Acquisition Co. I

Disruptive Acquisition Corporation I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Los Angeles, California.

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