Muzero Acquisition Corp’s Lock-Up Period To End on July 29th (NASDAQ:MUZE)

Muzero Acquisition’s (NASDAQ:MUZEGet Free Report) lock-up period is set to expire on Wednesday, July 29th. Muzero Acquisition had issued 17,500,000 shares in its initial public offering on January 30th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Muzero Acquisition in a research report on Tuesday, June 16th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

View Our Latest Stock Analysis on Muzero Acquisition

Muzero Acquisition Stock Performance

NASDAQ:MUZE opened at $9.96 on Friday. Muzero Acquisition has a one year low of $9.78 and a one year high of $9.99. The stock’s 50 day simple moving average is $9.94.

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