KRAQU’s (NASDAQ:KRAQU – Get Free Report) lock-up period is set to expire on Monday, July 27th. KRAQU had issued 30,000,000 shares in its initial public offering on January 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the end of KRAQU’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
KRAQU Stock Performance
Shares of KRAQU stock opened at $10.10 on Friday. KRAQU has a 12-month low of $10.01 and a 12-month high of $10.50. The business’s 50 day simple moving average is $10.16.
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