K2 Capital Acquisition Corporation Class A Ordinary Share’s (NASDAQ:KTWO) Lock-Up Period To Expire on July 28th

K2 Capital Acquisition Corporation Class A Ordinary Share’s (NASDAQ:KTWO) lock-up period is set to expire on Tuesday, July 28th. K2 Capital Acquisition Corporation Class A Ordinary Share had issued 12,000,000 shares in its IPO on January 29th. The total size of the offering was $120,000,000 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 Ratings Changes

Separately, Wall Street Zen upgraded K2 Capital Acquisition Corporation Class A Ordinary Share to a “hold” rating in a report on Saturday, April 11th.

K2 Capital Acquisition Corporation Class A Ordinary Share Stock Performance

Shares of K2 Capital Acquisition Corporation Class A Ordinary Share stock opened at $9.96 on Tuesday. K2 Capital Acquisition Corporation Class A Ordinary Share has a 52 week low of $9.84 and a 52 week high of $10.07. The company has a 50 day moving average of $9.97.

About K2 Capital Acquisition Corporation Class A Ordinary Share

K2 Capital Acquisition Corp is a blank check company.