Plutonian Acquisition's (NASDAQ:PLTNU – Get Rating) lock-up period will end on Tuesday, May 9th. Plutonian Acquisition had issued 5,000,000 shares in its public offering on November 10th. The total size of the offering was $50,000,000 based on an initial share price of $10.00. After the end of Plutonian Acquisition's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Plutonian Acquisition Stock Performance
Shares of PLTNU stock opened at $10.45 on Tuesday. The company has a 50 day moving average of $10.42. Plutonian Acquisition has a twelve month low of $9.99 and a twelve month high of $11.64.
Get Plutonian Acquisition alerts:Institutional Trading of Plutonian Acquisition
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Boothbay Fund Management LLC acquired a new stake in Plutonian Acquisition in the fourth quarter valued at $3,254,000. Wolverine Asset Management LLC acquired a new stake in Plutonian Acquisition in the 4th quarter valued at about $2,668,000. Kepos Capital LP purchased a new position in Plutonian Acquisition during the 4th quarter valued at about $2,520,000. Sage Rock Capital Management LP acquired a new position in Plutonian Acquisition during the fourth quarter worth about $2,513,000. Finally, Shaolin Capital Management LLC acquired a new position in shares of Plutonian Acquisition during the 4th quarter worth approximately $2,018,000.
About Plutonian Acquisition
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Plutonian Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to acquire businesses on companies engaged in metaverse technologies, tourism, and e-commerce related industries in the Asia-Pacific region.
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