NewHold Investment Corp IV’s (NASDAQ:NHIV – Get Free Report) lock-up period will expire on Monday, October 12th. NewHold Investment Corp IV had issued 17,500,000 shares in its IPO on April 15th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.
Analysts Set New Price Targets
Separately, Weiss Ratings began coverage on NewHold Investment Corp IV in a research note on Tuesday, September 1st. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
NewHold Investment Corp IV Stock Up 0.7%
Hedge Funds Weigh In On NewHold Investment Corp IV
A hedge fund recently bought a new stake in NewHold Investment Corp IV stock. Moore Capital Management LP bought a new position in NewHold Investment Corp IV (NASDAQ:NHIV – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 700,000 shares of the company’s stock, valued at approximately $7,000,000. Moore Capital Management LP owned about 3.37% of NewHold Investment Corp IV at the end of the most recent reporting period.
NewHold Investment Corp IV Company Profile
NewHold Investment Corp IV is a blank check company incorporated as a Cayman Islands exempted company and 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.
Recommended Stories
- Five stocks we like better than NewHold Investment Corp IV
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Receive News & Ratings for NewHold Investment Corp IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewHold Investment Corp IV and related companies with MarketBeat.com's FREE daily email newsletter.
