M Evo Global Acquisition Corp II’s (NASDAQ:MEVO) Lock-Up Period Set To End on July 29th

M Evo Global Acquisition Corp II’s (NASDAQ:MEVOGet Free Report) lock-up period is set to expire on Wednesday, July 29th. M Evo Global Acquisition Corp II had issued 27,000,000 shares in its public offering on January 30th. The total size of the offering was $270,000,000 based on an initial share price of $10.00. After the end of M Evo Global Acquisition Corp II’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings assumed coverage on M Evo Global Acquisition Corp II in a research note on Monday, May 18th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on M Evo Global Acquisition Corp II

M Evo Global Acquisition Corp II Price Performance

Shares of MEVO stock opened at $9.95 on Friday. The stock’s 50 day moving average is $9.93. M Evo Global Acquisition Corp II has a 12-month low of $9.83 and a 12-month high of $9.95.

About M Evo Global Acquisition Corp II

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M Evo Global Acquisition Corp II is a blank check special purposr acquisition company.

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