DUET Acquisition's (NASDAQ:DUETU – Get Rating) lock-up period will expire on Tuesday, July 19th. DUET Acquisition had issued 7,500,000 shares in its IPO on January 20th. The total size of the offering was $75,000,000 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.
DUETU opened at $9.96 on Thursday. DUET Acquisition has a 1 year low of $9.91 and a 1 year high of $10.17. The company's fifty day moving average price is $9.99.
Get DUET Acquisition alerts:Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Yakira Capital Management Inc. acquired a new stake in shares of DUET Acquisition in the first quarter worth about $3,737,000. Goldman Sachs Group Inc. acquired a new stake in shares of DUET Acquisition in the first quarter worth about $2,457,000. Walleye Capital LLC acquired a new stake in shares of DUET Acquisition in the first quarter worth about $1,664,000. SkyView Investment Advisors LLC acquired a new stake in shares of DUET Acquisition in the first quarter worth about $1,500,000. Finally, Walleye Trading LLC acquired a new stake in shares of DUET Acquisition in the first quarter worth about $936,000.
DUET Acquisition Company Profile (Get Rating)DUET Acquisition Corp. does not have significant operation. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in technology sector. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.
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