ClearThink 1 Acquisition Corp.’s Lock-Up Period Will Expire on August 24th (NASDAQ:CTAA)

ClearThink 1 Acquisition’s (NASDAQ:CTAA) lock-up period will expire on Monday, August 24th. ClearThink 1 Acquisition had issued 12,500,000 shares in its initial public offering on February 24th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of ClearThink 1 Acquisition in a research report on Monday, July 13th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

ClearThink 1 Acquisition Trading Up 0.3%

ClearThink 1 Acquisition stock opened at $9.94 on Wednesday. The business has a fifty day simple moving average of $9.94. ClearThink 1 Acquisition has a 52 week low of $9.82 and a 52 week high of $10.00.

ClearThink 1 Acquisition Company Profile

ClearThink 1 Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.