Aperture AC’s Lock-Up Period To End on November 17th (NASDAQ:APUR)

Aperture AC’s (NASDAQ:APUR) lock-up period is set to expire on Tuesday, November 17th. Aperture AC had issued 9,000,000 shares in its IPO on May 21st. The total size of the offering was $90,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of Aperture AC in a report on Thursday, September 3rd. 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, Aperture AC has a consensus rating of “Sell”.

Aperture AC Trading Up 0.4%

NASDAQ APUR opened at $10.11 on Friday. The stock has a fifty day moving average of $10.06. Aperture AC has a 52-week low of $9.88 and a 52-week high of $10.13.

Aperture AC (NASDAQ:APUR) last announced its quarterly earnings data on Friday, November 13th. The company reported $0.01 EPS for the quarter.

About Aperture AC

Aperture AC is a special purpose acquisition company, or SPAC, formed to pursue a business combination with an operating company. Its potential transactions may include a merger, stock purchase, asset acquisition or similar combination. As a SPAC, Aperture AC does not describe a portfolio of products or services offered to customers. Its principal activity is identifying and completing a transaction with a private business, which could then become publicly traded. Further details about a target company, operating markets and leadership are not included here because I could not verify them reliably.