Newbridge Acquisition Limited’s (NASDAQ:NBRG) Lock-Up Period Set To Expire on July 29th

Newbridge Acquisition’s (NASDAQ:NBRGGet Free Report) lock-up period will expire on Wednesday, July 29th. Newbridge Acquisition had issued 5,000,000 shares in its public offering on January 30th. The total size of the offering was $50,000,000 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 end of the lock-up period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on shares of Newbridge Acquisition in a report on Tuesday, June 16th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Newbridge Acquisition currently has an average rating of “Sell”.

Read Our Latest Research Report on NBRG

Newbridge Acquisition Stock Performance

NBRG opened at $9.98 on Friday. The business’s 50-day moving average price is $9.97. Newbridge Acquisition has a one year low of $9.59 and a one year high of $9.99.

About Newbridge Acquisition

(Get Free Report)

Newbridge Acquisition Ltd is a blank check company.

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