Silicon Valley Acquisition Corp. Units’ (NASDAQ:SVAQU – Get Free Report) lock-up period will end on Monday, June 22nd. Silicon Valley Acquisition Corp. Units had issued 20,000,000 shares in its initial public offering on December 23rd. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the expiration of Silicon Valley Acquisition Corp. Units’ lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Silicon Valley Acquisition Corp. Units Stock Up 1.6%
Silicon Valley Acquisition Corp. Units stock opened at $10.33 on Monday. Silicon Valley Acquisition Corp. Units has a 1 year low of $9.94 and a 1 year high of $10.50. The firm has a 50 day moving average of $10.20.
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