Mana Capital Acquisition Corp.’s (NASDAQ:MAAQU) Lock-Up Period Set To Expire Tomorrow

Mana Capital Acquisition’s (NASDAQ:MAAQUGet Rating) lock-up period will end on Monday, May 23rd. Mana Capital Acquisition had issued 6,200,000 shares in its IPO on November 23rd. The total size of the offering was $62,000,000 based on an initial share price of $10.00. After the end of Mana Capital Acquisition’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

NASDAQ:MAAQU opened at $10.27 on Friday. Mana Capital Acquisition has a 12 month low of $9.47 and a 12 month high of $10.71. The business has a 50 day moving average of $10.19.

Institutional investors have recently added to or reduced their stakes in the stock. Clear Street LLC purchased a new position in Mana Capital Acquisition in the 1st quarter valued at approximately $29,000. Walleye Trading LLC purchased a new position in Mana Capital Acquisition in the 4th quarter valued at approximately $369,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Mana Capital Acquisition in the 4th quarter valued at approximately $472,000. Castle Creek Arbitrage LLC purchased a new position in Mana Capital Acquisition in the 4th quarter valued at approximately $512,000. Finally, Walleye Capital LLC purchased a new position in Mana Capital Acquisition in the 4th quarter valued at approximately $656,000.

Mana Capital Acquisition Company Profile (Get Rating)

Mana Capital Acquisition Corp. focuses on engaging in a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on businesses operating in the healthcare, technology, green economy, and consumer products sectors in North America, Europe, and Asia.

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