Prime Number Acquisition I's (NASDAQ:PNACU – Get Rating) lock-up period will expire on Wednesday, November 9th. Prime Number Acquisition I had issued 6,000,000 shares in its initial public offering on May 13th. The total size of the offering was $60,000,000 based on an initial share price of $10.00. After the end of Prime Number Acquisition I's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Prime Number Acquisition I Price Performance

Shares of NASDAQ PNACU opened at $10.14 on Wednesday. The business's 50-day simple moving average is $10.11. Prime Number Acquisition I has a 1 year low of $9.93 and a 1 year high of $10.14.

Institutional Trading of Prime Number Acquisition I

A number of institutional investors have recently bought and sold shares of the business. Walleye Trading LLC acquired a new stake in shares of Prime Number Acquisition I during the second quarter worth about $1,136,000. Walleye Capital LLC acquired a new stake in shares of Prime Number Acquisition I during the second quarter worth about $2,020,000. Warberg Asset Management LLC acquired a new stake in shares of Prime Number Acquisition I during the second quarter worth about $273,000. Yakira Capital Management Inc. acquired a new stake in shares of Prime Number Acquisition I during the second quarter worth about $1,276,000. Finally, Hudson Bay Capital Management LP acquired a new stake in shares of Prime Number Acquisition I during the second quarter worth about $5,900,000.

About Prime Number Acquisition I

Prime Number Acquisition I Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies within technology-enabled financial sectors, including blockchain, datacenter, non-fungible token, ecommerce, and other technology related infrastructure sectors.

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