EGH Acquisition Corp.’s Lock-Up Period Will Expire on November 5th (NASDAQ:EGHAU)

EGH Acquisition’s (NASDAQ:EGHAU) lock-up period will expire on Wednesday, November 5th. EGH Acquisition had issued 15,000,000 shares in its public offering on May 9th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the expiration of EGH Acquisition’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

EGH Acquisition Price Performance

Shares of NASDAQ:EGHAU opened at $10.46 on Friday. The firm has a fifty day simple moving average of $10.29. EGH Acquisition has a twelve month low of $10.02 and a twelve month high of $11.00.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EGHAU. Tuttle Capital Management LLC acquired a new position in shares of EGH Acquisition during the 2nd quarter worth approximately $102,000. JPMorgan Chase & Co. acquired a new position in shares of EGH Acquisition during the 2nd quarter worth approximately $260,000. Wolverine Asset Management LLC acquired a new position in shares of EGH Acquisition during the 2nd quarter worth approximately $1,019,000. Mint Tower Capital Management B.V. acquired a new position in shares of EGH Acquisition during the 2nd quarter worth approximately $1,019,000. Finally, Berkley W R Corp acquired a new position in shares of EGH Acquisition during the 2nd quarter worth approximately $1,516,000.

About EGH Acquisition

We are a blank check company newly incorporated on January 9, 2025 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (our “initial business combination”).