M Evo Global Acquisition Corp II’s Lock-Up Period To Expire on July 29th (NASDAQ:MEVO)

M Evo Global Acquisition Corp II’s (NASDAQ:MEVO) lock-up period will expire on Wednesday, July 29th. M Evo Global Acquisition Corp II had issued 27,000,000 shares in its initial public offering on January 30th. The total size of the offering was $270,000,000 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 Ratings Changes

Separately, Weiss Ratings started coverage on M Evo Global Acquisition Corp II in a research report on Monday, May 18th. They set a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, M Evo Global Acquisition Corp II presently has an average rating of “Sell”.

M Evo Global Acquisition Corp II Stock Performance

Shares of M Evo Global Acquisition Corp II stock opened at $9.96 on Wednesday. The firm has a fifty day simple moving average of $9.93. M Evo Global Acquisition Corp II has a 52 week low of $9.83 and a 52 week high of $9.95.

M Evo Global Acquisition Corp II Company Profile

M Evo Global Acquisition Corp II is a blank check special purposr acquisition company.