Idea Acquisition’s (NASDAQ:IACO – Get Free Report) lock-up period is set to end on Monday, August 10th. Idea Acquisition had issued 35,000,000 shares in its initial public offering on February 11th. The total size of the offering was $350,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Idea Acquisition Stock Performance
Shares of NASDAQ IACO opened at $9.94 on Wednesday. Idea Acquisition has a 52-week low of $9.78 and a 52-week high of $9.95. The stock has a 50 day moving average price of $9.92.
About Idea Acquisition
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