Goldenstone Acquisition's (NASDAQ:GDSTU – Get Rating) lock-up period is set to end on Tuesday, September 13th. Goldenstone Acquisition had issued 5,000,000 shares in its public offering on March 17th. The total size of the offering was $50,000,000 based on an initial share price of $10.00. After the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Goldenstone Acquisition Stock Performance

NASDAQ GDSTU opened at $10.02 on Tuesday. The company's fifty day moving average price is $10.07. Goldenstone Acquisition has a 1-year low of $9.98 and a 1-year high of $10.40.

Hedge Funds Weigh In On Goldenstone Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the company. Spring Creek Capital LLC bought a new position in Goldenstone Acquisition in the 1st quarter worth $1,497,000. Virtu Financial LLC bought a new position in Goldenstone Acquisition in the 1st quarter worth $226,000. Polar Asset Management Partners Inc. bought a new position in Goldenstone Acquisition in the 1st quarter worth $3,009,000. Radcliffe Capital Management L.P. bought a new position in Goldenstone Acquisition in the 1st quarter worth $2,006,000. Finally, Rivernorth Capital Management LLC bought a new position in Goldenstone Acquisition in the 1st quarter worth $2,455,000.

Goldenstone Acquisition Company Profile

Goldenstone Acquisition Limited does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Aurora, Illinois.

Further Reading

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