M Evo Global Acquisition Corp II’s Lock-Up Period Set To Expire on July 29th (NASDAQ:MEVO)

M Evo Global Acquisition Corp II’s (NASDAQ:MEVO) lock-up period is set to expire on Wednesday, July 29th. M Evo Global Acquisition Corp II had issued 27,000,000 shares in its initial public offering on January 30th. The total size of the offering was $270,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings assumed coverage on M Evo Global Acquisition Corp II in a report on Monday, May 18th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, M Evo Global Acquisition Corp II currently has an average rating of “Sell”.

M Evo Global Acquisition Corp II Stock Up 0.1%

MEVO stock opened at $9.96 on Friday. M Evo Global Acquisition Corp II has a 1-year low of $9.83 and a 1-year high of $9.95. The company has a 50-day moving average price of $9.94.

About M Evo Global Acquisition Corp II

M Evo Global Acquisition Corp II is a blank check special purposr acquisition company.