Calisa Acquisition Corp’s (NASDAQ:ALISU) Lock-Up Period To Expire Tomorrow

Calisa Acquisition’s (NASDAQ:ALISU) lock-up period is set to expire on Monday, April 20th. Calisa Acquisition had issued 6,000,000 shares in its IPO on October 22nd. The total size of the offering was $60,000,000 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.

Calisa Acquisition Price Performance

Shares of ALISU opened at $10.51 on Friday. The company’s 50 day moving average price is $10.65. Calisa Acquisition has a one year low of $9.98 and a one year high of $11.11.

Hedge Funds Weigh In On Calisa Acquisition

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lineage Point Capital LP bought a new position in shares of Calisa Acquisition during the 4th quarter worth about $104,000. Clear Street Group Inc. bought a new position in shares of Calisa Acquisition during the 4th quarter worth about $162,000. Westchester Capital Management LLC bought a new position in shares of Calisa Acquisition during the 4th quarter worth about $165,000. Evercore Wealth Management LLC bought a new position in shares of Calisa Acquisition during the 4th quarter worth about $173,000. Finally, Heights Capital Management Inc. bought a new position in shares of Calisa Acquisition during the 4th quarter worth about $784,000.

About Calisa Acquisition

We are a blank check company incorporated on March 11, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. Although we are not limited to target businesses in any specific industry or geographic location, we intend to initially focus our search on target businesses in Asia.