LF Capital Acquisition Corp. II’s (OTCMKTS:LFACU) Lock-Up Period Set To Expire on June 3rd

LF Capital Acquisition Corp. II’s (OTCMKTS:LFACU) lock-up period is set to expire on Wednesday, June 3rd. LF Capital Acquisition Corp. II had issued 12,500,000 shares in its public offering on December 5th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. After the expiration of LF Capital Acquisition Corp. II’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

LF Capital Acquisition Corp. II Trading Down 0.2%

Shares of LFACU opened at $10.06 on Wednesday. LF Capital Acquisition Corp. II has a fifty-two week low of $9.99 and a fifty-two week high of $10.49. The business’s 50-day moving average is $10.06 and its 200-day moving average is $10.18.

Hedge Funds Weigh In On LF Capital Acquisition Corp. II

A hedge fund recently bought a new stake in LF Capital Acquisition Corp. II stock. Kryger Capital LLC bought a new stake in LF Capital Acquisition Corp. II (OTCMKTS:LFACU) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 332,310 shares of the company’s stock, valued at approximately $3,340,000.

About LF Capital Acquisition Corp. II

LF Capital Acquisition Corp. II is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of acquiring or merging with one or more operating businesses. The company’s units, which trade under the symbol LFACU on the OTC Markets, consist of common shares and warrants. Proceeds from the offering are held in a trust account until a qualifying business combination is announced and approved by shareholders.

The sponsorship and management team brings experience in corporate finance, private equity and strategic advisory to the SPAC structure.