Infinite Eagle Acquisition’s (NASDAQ:IEAG – Get Free Report) lock-up period will expire on Wednesday, July 15th. Infinite Eagle Acquisition had issued 30,000,000 shares in its initial public offering on January 16th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the end of Infinite Eagle Acquisition’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on shares of Infinite Eagle Acquisition in a research report on Wednesday, June 3rd. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Infinite Eagle Acquisition currently has an average rating of “Sell”.
Get Our Latest Research Report on IEAG
Infinite Eagle Acquisition Stock Down 0.0%
About Infinite Eagle Acquisition
Infinite Eagle Acquisition Corp is a blank check company.
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