Churchill Capital Corp XI’s (NASDAQ:CCXI) Lock-Up Period Set To Expire on June 15th

Churchill Capital Corp XI’s (NASDAQ:CCXI) lock-up period is set to end on Monday, June 15th. Churchill Capital Corp XI had issued 36,000,000 shares in its public offering on December 17th. The total size of the offering was $360,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on shares of Churchill Capital Corp XI in a report on Wednesday, May 6th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Churchill Capital Corp XI presently has a consensus rating of “Sell”.

Churchill Capital Corp XI Trading Down 0.3%

Churchill Capital Corp XI stock opened at $10.26 on Monday. The company has a market capitalization of $731.76 million, a PE ratio of -5.43 and a beta of 1.22. Churchill Capital Corp XI has a 1 year low of $10.07 and a 1 year high of $11.00.

Churchill Capital Corp XI Company Profile

Churchill Capital Corp XI is a blank check company.