MBVIU’s (NASDAQ:MBVIU – Get Free Report) lock-up period is set to expire on Monday, February 23rd. MBVIU had issued 30,000,000 shares in its IPO on August 27th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the end of MBVIU’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
MBVIU Stock Performance
MBVIU stock opened at $10.29 on Wednesday. MBVIU has a one year low of $9.99 and a one year high of $10.50.
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