Muzero Acquisition’s (NASDAQ:MUZE – Get Free Report) lock-up period will end on Wednesday, July 29th. Muzero Acquisition had issued 17,500,000 shares in its IPO on January 30th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Analyst Ratings Changes
Separately, Weiss Ratings initiated coverage on shares of Muzero Acquisition in a research note on Tuesday, June 16th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
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Muzero Acquisition Price Performance
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