Archimedes Tech SPAC Partners III’s (NASDAQ:ARCI – Get Free Report) lock-up period will expire on Wednesday, July 22nd. Archimedes Tech SPAC Partners III had issued 24,000,000 shares in its IPO on January 23rd. The total size of the offering was $240,000,000 based on an initial share price of $10.00. After the end of Archimedes Tech SPAC Partners III’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Archimedes Tech SPAC Partners III Price Performance
Shares of ARCI stock opened at $10.06 on Friday. Archimedes Tech SPAC Partners III has a 12 month low of $9.83 and a 12 month high of $10.09. The company has a market cap of $17.04 million, a P/E ratio of -5.03 and a beta of 1.13. The stock has a 50 day moving average price of $9.99.
About Archimedes Tech SPAC Partners III
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