Aurora Technology Acquisition's (NASDAQ:ATAKU – Get Rating) lock-up period will end on Monday, August 8th. Aurora Technology Acquisition had issued 20,000,000 shares in its initial public offering on February 7th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Aurora Technology Acquisition Stock Performance

Aurora Technology Acquisition stock opened at $10.06 on Friday. Aurora Technology Acquisition has a 12-month low of $9.97 and a 12-month high of $10.80. The company has a 50-day moving average price of $10.02 and a 200 day moving average price of $10.03.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Rivernorth Capital Management LLC purchased a new position in shares of Aurora Technology Acquisition in the first quarter valued at approximately $3,273,000. Spring Creek Capital LLC purchased a new position in shares of Aurora Technology Acquisition in the first quarter valued at approximately $2,518,000. Verition Fund Management LLC purchased a new position in shares of Aurora Technology Acquisition in the first quarter valued at approximately $2,021,000. Bank of America Corp DE purchased a new position in shares of Aurora Technology Acquisition in the first quarter valued at approximately $1,009,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Aurora Technology Acquisition in the first quarter valued at approximately $533,000.

About Aurora Technology Acquisition

Aurora Technology Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on businesses in the technology companies, including artificial intelligence, blockchain, quantum computing, and electric vehicles in Asia and North America.

Further Reading

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