Willow Lane Acquisition Corp. II’s Lock-Up Period Will Expire Tomorrow (NASDAQ:WLII)

Willow Lane Acquisition Corp. II’s (NASDAQ:WLII) lock-up period will end on Wednesday, August 12th. Willow Lane Acquisition Corp. II had issued 12,500,000 shares in its IPO on February 13th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on Willow Lane Acquisition Corp. II in a research report on Tuesday, June 30th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Willow Lane Acquisition Corp. II Stock Down 0.3%

WLII opened at $10.25 on Tuesday. The company has a fifty day moving average price of $10.22. Willow Lane Acquisition Corp. II has a 1 year low of $9.86 and a 1 year high of $10.49.

About Willow Lane Acquisition Corp. II

Willow Lane Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.