Goldenstone Acquisition's (NASDAQ:GDSTU – Get Rating) lock-up period will end on Tuesday, September 13th. Goldenstone Acquisition had issued 5,000,000 shares in its initial public offering on March 17th. The total size of the offering was $50,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Goldenstone Acquisition Stock Performance

GDSTU stock opened at $10.03 on Tuesday. The stock's 50-day moving average price is $10.10. Goldenstone Acquisition has a 52-week low of $9.98 and a 52-week high of $10.40.

Institutional Investors Weigh In On Goldenstone Acquisition

Several hedge funds have recently modified their holdings of the company. Yakira Capital Management Inc. acquired a new position in shares of Goldenstone Acquisition during the 1st quarter worth about $2,257,000. Wolverine Asset Management LLC acquired a new position in shares of Goldenstone Acquisition during the 1st quarter worth about $2,517,000. Polar Asset Management Partners Inc. acquired a new position in shares of Goldenstone Acquisition during the 1st quarter worth about $3,009,000. Rivernorth Capital Management LLC acquired a new position in shares of Goldenstone Acquisition during the 1st quarter worth about $2,455,000. Finally, Radcliffe Capital Management L.P. acquired a new position in shares of Goldenstone Acquisition during the 1st quarter worth about $2,006,000.

About Goldenstone Acquisition

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.

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