Space Asset Acquisition Corp.’s (NASDAQ:SAAQ) Lock-Up Period Will End on July 27th

Space Asset Acquisition’s (NASDAQ:SAAQ) lock-up period will expire on Monday, July 27th. Space Asset Acquisition had issued 20,000,000 shares in its initial public offering on January 28th. 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 company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on shares of Space Asset Acquisition in a research report on Monday, June 15th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Space Asset Acquisition Price Performance

Shares of SAAQ opened at $10.20 on Monday. Space Asset Acquisition has a 12 month low of $9.88 and a 12 month high of $11.10. The stock’s fifty day moving average is $10.32.

Space Asset Acquisition Company Profile

Space Asset Acquisition Corp is a blank check company.