Aimei Health Technology (NASDAQ: AFJKU) is set to end its lock-up period on Monday, June 3rd. The company had sold 6,000,000 shares in its public offering on December 4th at a total size of $60,000,000 based on an initial share price of $10.00. Following the lock-up period expiration, shares owned by major shareholders and insiders will be free to trade.
On Monday, Aimei Health Technology opened at $11.25 with a 52-week low of $11.18 and a high of $12.47. The company’s 5-day simple moving average is at $11.78. Recently, hedge funds and institutional investors have bought and sold shares of Aimei Health Technology for amounts ranging from $153,000 to $2,499,999.
Aimei Health Technology Co., Ltd is a US-based company that was established in 2023 and has no significant operations but is focused on effecting a potential merger or acquisition or similar business combination. Interested parties can receive news updates and ratings from MarketBeat.com through its daily email newsletter service for more information about the company.