Apex Treasury Corp’s (NASDAQ:APXTU) Lock-Up Period Will Expire Tomorrow

Apex Treasury’s (NASDAQ:APXTU) lock-up period will expire on Monday, April 27th. Apex Treasury had issued 30,000,000 shares in its initial public offering on October 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. After the end of Apex Treasury’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Apex Treasury Price Performance

APXTU stock opened at $10.11 on Friday. The company has a 50 day moving average price of $10.10. Apex Treasury has a 12 month low of $10.01 and a 12 month high of $10.41.

Institutional Trading of Apex Treasury

A number of hedge funds and other institutional investors have recently modified their holdings of APXTU. ABC Arbitrage SA bought a new position in shares of Apex Treasury in the 4th quarter worth about $201,000. Wealthspring Capital LLC bought a new stake in Apex Treasury during the fourth quarter worth about $4,946,000. HRT Financial LP purchased a new stake in Apex Treasury in the fourth quarter worth about $1,018,000. Crossingbridge Advisors LLC purchased a new stake in Apex Treasury in the fourth quarter worth about $2,764,000. Finally, Glazer Capital LLC bought a new position in shares of Apex Treasury during the fourth quarter valued at approximately $328,000.