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Global Blockchain Acquisition Corp.'s Lock-Up Period Set To End on November 7th (NASDAQ:GBBKU)

Defense World ·  Nov 2, 2022 01:22

Global Blockchain Acquisition's (NASDAQ:GBBKU – Get Rating) lock-up period is set to end on Monday, November 7th. Global Blockchain Acquisition had issued 15,000,000 shares in its public offering on May 10th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the expiration of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Global Blockchain Acquisition Price Performance

Global Blockchain Acquisition stock opened at $10.00 on Wednesday. Global Blockchain Acquisition has a twelve month low of $9.90 and a twelve month high of $10.01. The firm has a 50 day moving average of $10.00.

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About Global Blockchain Acquisition

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Global Blockchain Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.

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