Colombier Acquisition Corp. II’s (NYSE:CLBR – Get Free Report) lock-up period is set to end on Monday, August 3rd. Colombier Acquisition Corp. II had issued 26,000,000 shares in its public offering on February 4th. The total size of the offering was $260,000,000 based on an initial share price of $10.00. After the expiration of Colombier Acquisition Corp. II’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Analysts Set New Price Targets
Several analysts have recently weighed in on CLBR shares. Weiss Ratings assumed coverage on Colombier Acquisition Corp. II in a research note on Tuesday, June 23rd. They set a “sell (e)” rating for the company. Wall Street Zen upgraded Colombier Acquisition Corp. II to a “hold” rating in a research note on Saturday, April 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Read Our Latest Research Report on CLBR
Colombier Acquisition Corp. II Stock Performance
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Colombier Acquisition Corp. II stock. Jane Street Group LLC bought a new position in Colombier Acquisition Corp. II (NYSE:CLBR – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned about 0.06% of Colombier Acquisition Corp. II as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 4.80% of the company’s stock.
About Colombier Acquisition Corp. II
Colombier Acquisition Corp. does not have significant operations. It intends to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.
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