Aimei Health Technology’s (NASDAQ: AFJKU – Get Free Report) lock-up period is set to expire on Monday, June 3rd. The company had issued 6,000,000 shares in its public offering on December 4th, totaling $60,000,000 based on an initial share price of $10.00. Following the end of the lock-up period, shares owned by major shareholders and company insiders will be eligible for trade.
On Monday, Aimei Health Technology opened at $10.39 with a 1 year low of $10.14 and a 1 year high of $11.63. The business’s 50-day simple moving average is $10.48. Recently, hedge funds and other institutional investors have been actively buying and selling shares of Aimei Health Technology, including new stake purchases by Warberg Asset Management LLC, Quarry LP, Sage Rock Capital Management LP, Highbridge Capital Management LLC, and HGC Investment Management Inc.
Although Aimei Health Technology Co., Ltd does not have significant operations at this time, it aims to effect a merger or acquisition through a share exchange or asset purchase in the future. The company was incorporated in 2023 and is based in New York City. To stay updated on news and ratings for Aimei Health Technology sign up to receive MarketBeat’s FREE daily email newsletter
