QuasarEdge Acquisition Corporation’s (NYSE:QRED) Lock-Up Period Set To Expire on October 12th

QuasarEdge Acquisition’s (NYSE:QRED – Get Free Report) lock-up period will expire on Monday, October 12th. QuasarEdge Acquisition had issued 10,000,000 shares in its initial public offering on April 15th. The total size of the offering was $100,000,000 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.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of QuasarEdge Acquisition in a research report on Tuesday, September 22nd. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, QuasarEdge Acquisition has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on QRED

QuasarEdge Acquisition Stock Performance

QRED opened at $10.05 on Wednesday. The company’s 50 day simple moving average is $10.03. QuasarEdge Acquisition has a 52-week low of $9.87 and a 52-week high of $10.06.

About QuasarEdge Acquisition

(Get Free Report)

QuasarEdge Acquisition Corp is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. QuasarEdge Acquisition Corp is based in NEW YORK.

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