Atlantic Coastal Acquisition Corp. II's (NASDAQ:ACABU – Get Rating) lock-up period is set to expire on Wednesday, July 13th. Atlantic Coastal Acquisition Corp. II had issued 26,100,000 shares in its initial public offering on January 14th. The total size of the offering was $261,000,000 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 end of the lock-up period.

Shares of NASDAQ ACABU opened at $10.01 on Wednesday. The stock has a fifty day moving average of $10.02. Atlantic Coastal Acquisition Corp. II has a 52-week low of $9.94 and a 52-week high of $10.10.

A number of hedge funds and other institutional investors have recently modified their holdings of ACABU. Cantor Fitzgerald L. P. acquired a new position in shares of Atlantic Coastal Acquisition Corp. II during the 1st quarter worth about $7,478,000. Apollo Management Holdings L.P. acquired a new position in Atlantic Coastal Acquisition Corp. II during the 1st quarter worth $1,994,000. Fortress Investment Group LLC acquired a new position in Atlantic Coastal Acquisition Corp. II during the 1st quarter worth $811,000. Cohanzick Management LLC acquired a new position in shares of Atlantic Coastal Acquisition Corp. II in the 1st quarter valued at $2,992,000. Finally, Omni Event Management Ltd acquired a new position in shares of Atlantic Coastal Acquisition Corp. II in the 1st quarter valued at $238,000.

Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in mobility sector. Atlantic Coastal Acquisition Corp.

Featured Stories

• Get a free copy of the StockNews.com research report on Atlantic Coastal Acquisition Corp. II (ACABU)
• 3 Education Stocks to Enroll in This Summer
• The Institutions Get Comfortable With The Lovesac Company
• McDonald's Might Just Be The Best Recession Proof Stock
• Basset Furniture Quietly Proves Its Value
• Earnings Revisions: Why You Shouldn't Count On A Rebound In Stocks ... Yet

Receive News & Ratings for Atlantic Coastal Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic Coastal Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.