Archimedes Tech SPAC Partners III Co.’s Lock-Up Period Set To Expire Tomorrow (NASDAQ:ARCI)

Archimedes Tech SPAC Partners III’s (NASDAQ:ARCIGet Free Report) lock-up period will end on Wednesday, July 22nd. Archimedes Tech SPAC Partners III had issued 24,000,000 shares in its public offering on January 23rd. The total size of the offering was $240,000,000 based on an initial share price of $10.00. After the end of Archimedes Tech SPAC Partners III’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Archimedes Tech SPAC Partners III Stock Performance

NASDAQ:ARCI opened at $10.09 on Tuesday. Archimedes Tech SPAC Partners III has a 1-year low of $9.83 and a 1-year high of $10.09. The business has a 50-day simple moving average of $9.99. The stock has a market capitalization of $17.10 million, a price-to-earnings ratio of -5.04 and a beta of 1.13.

About Archimedes Tech SPAC Partners III

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Archimedes Tech SPAC Partners III Co is a blank check company.

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