Arisz Acquisition Corp.’s Lock-Up Period Will End on May 17th (NASDAQ:ARIZU)

Arisz Acquisition’s (NASDAQ:ARIZUGet Rating) lock-up period is set to end on Tuesday, May 17th. Arisz Acquisition had issued 6,000,000 shares in its IPO on November 18th. The total size of the offering was $60,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Arisz Acquisition stock opened at $10.02 on Friday. Arisz Acquisition has a 12 month low of $9.34 and a 12 month high of $10.48. The company has a 50 day moving average price of $10.20.

Several institutional investors have recently bought and sold shares of ARIZU. Wolverine Asset Management LLC acquired a new stake in Arisz Acquisition during the first quarter worth approximately $31,000. Walleye Capital LLC acquired a new stake in Arisz Acquisition during the fourth quarter worth approximately $101,000. Sage Mountain Advisors LLC acquired a new stake in Arisz Acquisition during the fourth quarter worth approximately $155,000. Saba Capital Management L.P. acquired a new stake in Arisz Acquisition during the fourth quarter worth approximately $364,000. Finally, Glazer Capital LLC acquired a new stake in Arisz Acquisition during the fourth quarter worth approximately $476,000.

About Arisz Acquisition (Get Rating)

Arisz Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to pursue targets in the healthcare industry in North America, Europe, and Asia. The company was incorporated in 2021 and is based in New York, New York.

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