Real Asset Acquisition’s (NASDAQ:RAAQU – Get Free Report) lock-up period will expire on Monday, October 27th. Real Asset Acquisition had issued 15,000,000 shares in its IPO on April 29th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the expiration of Real Asset Acquisition’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Real Asset Acquisition Stock Down 0.5%
Shares of RAAQU stock opened at $10.70 on Friday. The company has a fifty day moving average price of $10.44. Real Asset Acquisition has a one year low of $9.20 and a one year high of $11.77.
Institutional Trading of Real Asset Acquisition
Large investors have recently added to or reduced their stakes in the company. Clear Street LLC acquired a new stake in Real Asset Acquisition in the second quarter valued at $714,000. DLD Asset Management LP acquired a new stake in shares of Real Asset Acquisition during the 2nd quarter worth about $1,033,000. Finally, Wealthspring Capital LLC acquired a new stake in shares of Real Asset Acquisition during the 2nd quarter worth about $2,129,000.
About Real Asset Acquisition
We are a special purpose acquisition company incorporated on December 9, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.
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