BHAV Acquisition’s (NASDAQ:BHAV – Get Free Report) lock-up period will end on Tuesday, September 15th. BHAV Acquisition had issued 10,000,000 shares in its public offering on March 19th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Analyst Ratings Changes
Separately, Weiss Ratings began coverage on BHAV Acquisition in a research report on Monday, July 13th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, BHAV Acquisition presently has a consensus rating of “Sell”.
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