AMCI Acquisition Corp. Units’ Lock-Up Period To Expire on May 15th (OTCMKTS:AMCIU)

AMCI Acquisition Corp. Units’ (OTCMKTS:AMCIU) lock-up period is set to expire on Wednesday, May 15th. AMCI Acquisition Corp. Units had issued 20,000,000 shares in its public offering on November 16th. The total size of the offering was $200,000,000 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 expiration of the lock-up period.

Shares of AMCIU stock opened at $10.20 on Wednesday. AMCI Acquisition Corp. Units has a twelve month low of $9.90 and a twelve month high of $10.20.

Hedge funds and other institutional investors have recently modified their holdings of the business. Stifel Financial Corp bought a new position in AMCI Acquisition Corp. Units in the 4th quarter worth approximately $448,000. Castle Creek Arbitrage LLC bought a new position in AMCI Acquisition Corp. Units in the 4th quarter worth approximately $1,194,000. Citigroup Inc. bought a new position in AMCI Acquisition Corp. Units in the 4th quarter worth approximately $1,990,000. 683 Capital Management LLC bought a new position in AMCI Acquisition Corp. Units in the 4th quarter worth approximately $1,990,000. Finally, Gabelli Funds LLC bought a new position in AMCI Acquisition Corp. Units in the 4th quarter worth approximately $2,323,000.

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AMCI Acquisition Corp. Units Company Profile

AMCI Acquisition Corp. intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was founded in 2018 and is based in Greenwich, Connecticut.

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