Launchpad Cadenza Acquisition Corp I Unit’s (NASDAQ:LPCVU) Lock-Up Period Will Expire on June 16th

Launchpad Cadenza Acquisition Corp I Unit’s (NASDAQ:LPCVUGet Free Report) lock-up period is set to expire on Tuesday, June 16th. Launchpad Cadenza Acquisition Corp I Unit had issued 20,000,000 shares in its public offering on December 18th. 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.

Launchpad Cadenza Acquisition Corp I Unit Stock Performance

Shares of Launchpad Cadenza Acquisition Corp I Unit stock opened at $10.16 on Tuesday. The stock’s fifty day simple moving average is $10.04. Launchpad Cadenza Acquisition Corp I Unit has a 1-year low of $9.95 and a 1-year high of $11.44.

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