SK Growth Opportunities' (NASDAQ:SKGRU – Get Rating) lock-up period will expire on Wednesday, December 21st. SK Growth Opportunities had issued 20,000,000 shares in its initial public offering on June 24th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the end of SK Growth Opportunities' lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
SK Growth Opportunities Stock Performance
NASDAQ:SKGRU opened at $10.25 on Wednesday. SK Growth Opportunities has a fifty-two week low of $9.91 and a fifty-two week high of $11.12. The stock's 50 day moving average is $10.11.
Get SK Growth Opportunities alerts:Hedge Funds Weigh In On SK Growth Opportunities
A number of hedge funds have recently made changes to their positions in SKGRU. Deutsche Bank AG purchased a new position in shares of SK Growth Opportunities in the 2nd quarter valued at $11,352,000. Millennium Management LLC purchased a new stake in SK Growth Opportunities during the 2nd quarter worth $10,028,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in SK Growth Opportunities during the 2nd quarter worth $9,980,000. Nomura Holdings Inc. purchased a new stake in SK Growth Opportunities during the 2nd quarter worth $9,976,000. Finally, Walleye Capital LLC purchased a new stake in SK Growth Opportunities during the 2nd quarter worth $4,152,000.
SK Growth Opportunities Company Profile
(Get Rating)SK Growth Opportunities Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2021 and is based in New York, New York. SK Growth Opportunities Corporation operates as a subsidiary of Auxo Capital Managers LLC.
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