KRAQU’s Lock-Up Period Set To End Tomorrow (NASDAQ:KRAQU)

KRAQU’s (NASDAQ:KRAQU) lock-up period will 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. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

KRAQU Trading Down 1.9%

Shares of KRAQU stock opened at $10.10 on Friday. The firm has a 50-day moving average price of $10.16. KRAQU has a 52-week low of $10.01 and a 52-week high of $10.50.