BHAV Acquisition Corp’s Lock-Up Period Set To Expire on September 15th (NASDAQ:BHAV)

BHAV Acquisition’s (NASDAQ:BHAV) lock-up period will expire on Tuesday, September 15th. BHAV Acquisition had issued 10,000,000 shares in its initial public offering on March 19th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. After the expiration 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 BHAV Acquisition in a research report on Monday, July 13th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

BHAV Acquisition Trading Up 0.1%

BHAV stock opened at $10.03 on Friday. The company has a fifty day moving average price of $9.99. BHAV Acquisition has a 12-month low of $9.85 and a 12-month high of $10.05.

BHAV Acquisition Company Profile

BHAV Acquisition Corp is a blank check company.