Illumination Acquisition Corp I’s (NASDAQ:ILLU – Get Free Report) lock-up period will expire on Wednesday, August 26th. Illumination Acquisition Corp I had issued 20,000,000 shares in its IPO on February 27th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of Illumination Acquisition Corp I’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings initiated coverage on shares of Illumination Acquisition Corp I in a report on Friday, July 17th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.
View Our Latest Stock Report on Illumination Acquisition Corp I
Illumination Acquisition Corp I Price Performance
About Illumination Acquisition Corp I
Illumination Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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