TenX Keane Acquisition's (NASDAQ:TENKU – Get Rating) lock-up period is set to end on Wednesday, April 12th. TenX Keane Acquisition had issued 6,000,000 shares in its public offering on October 14th. The total size of the offering was $60,000,000 based on an initial share price of $10.00. After the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
TenX Keane Acquisition Stock Performance
TENKU stock opened at $10.75 on Wednesday. TenX Keane Acquisition has a 1-year low of $10.03 and a 1-year high of $12.40. The business's 50 day simple moving average is $10.60.
Get TenX Keane Acquisition alerts:Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Clear Street LLC acquired a new position in TenX Keane Acquisition in the 4th quarter valued at $36,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of TenX Keane Acquisition during the 4th quarter valued at $130,000. Radcliffe Capital Management L.P. bought a new stake in shares of TenX Keane Acquisition during the 4th quarter valued at $1,136,000. Shaolin Capital Management LLC bought a new stake in shares of TenX Keane Acquisition during the 4th quarter valued at $1,291,000. Finally, Kepos Capital LP bought a new stake in shares of TenX Keane Acquisition during the 4th quarter valued at $2,324,000.
TenX Keane Acquisition Company Profile
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TenX Keane Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau.
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