Vahanna Tech Edge Acquisition I Corp.’s (NASDAQ:VHNAU) Lock-Up Period Will End on May 23rd

Vahanna Tech Edge Acquisition I’s (NASDAQ:VHNAUGet Rating) lock-up period is set to end on Monday, May 23rd. Vahanna Tech Edge Acquisition I had issued 17,400,000 shares in its public offering on November 23rd. The total size of the offering was $174,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Shares of VHNAU stock opened at $10.01 on Monday. Vahanna Tech Edge Acquisition I has a 52-week low of $9.90 and a 52-week high of $10.15. The company has a 50-day moving average of $10.06.

Several large investors have recently bought and sold shares of the company. State Street Corp purchased a new stake in Vahanna Tech Edge Acquisition I during the first quarter worth $154,000. Fifth Lane Capital LP purchased a new stake in shares of Vahanna Tech Edge Acquisition I during the 4th quarter worth about $252,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Vahanna Tech Edge Acquisition I in the 4th quarter valued at about $252,000. Walleye Trading LLC acquired a new position in Vahanna Tech Edge Acquisition I in the 4th quarter worth about $363,000. Finally, Whitebox Advisors LLC acquired a new position in Vahanna Tech Edge Acquisition I in the 4th quarter worth about $403,000.

About Vahanna Tech Edge Acquisition I (Get Rating)

Vahanna Tech Edge Acquisition I Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on acquiring business within the technology sector. The company was incorporated in 2021 and is based in New York, New York.

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