Atlantic Coastal Acquisition Corp. II's (NASDAQ:ACABU – Get Rating) lock-up period will end on Wednesday, July 13th. Atlantic Coastal Acquisition Corp. II had issued 26,100,000 shares in its public offering on January 14th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

ACABU opened at $10.01 on Friday. The stock has a fifty day moving average price of $10.02. Atlantic Coastal Acquisition Corp. II has a twelve month low of $9.94 and a twelve month high of $10.10.

Institutional investors and hedge funds have recently bought and sold shares of the business. Cantor Fitzgerald L. P. acquired a new stake in Atlantic Coastal Acquisition Corp. II in the first quarter worth $7,478,000. Apollo Management Holdings L.P. bought a new stake in shares of Atlantic Coastal Acquisition Corp. II during the first quarter worth $1,994,000. Fortress Investment Group LLC bought a new stake in shares of Atlantic Coastal Acquisition Corp. II during the first quarter worth $811,000. Cohanzick Management LLC bought a new stake in shares of Atlantic Coastal Acquisition Corp. II during the first quarter worth $2,992,000. Finally, Omni Event Management Ltd bought a new stake in shares of Atlantic Coastal Acquisition Corp. II during the first quarter worth $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.

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