Breeze Acquisition Corp. II’s Lock-Up Period Set To End on November 9th (NASDAQ:BREZ)

Breeze Acquisition Corp. II’s (NASDAQ:BREZ) lock-up period is set to end on Monday, November 9th. Breeze Acquisition Corp. II had issued 12,500,000 shares in its public offering on May 13th. The total size of the offering was $125,000,000 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 Upgrades and Downgrades

A number of equities research analysts recently issued reports on BREZ shares. Wall Street Zen upgraded shares of Breeze Acquisition Corp. II to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings assumed coverage on Breeze Acquisition Corp. II in a report on Thursday, October 22nd. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has an average rating of “Sell”.

Breeze Acquisition Corp. II Stock Performance

Shares of NASDAQ:BREZ opened at $10.09 on Wednesday. The company has a 50-day simple moving average of $10.05. Breeze Acquisition Corp. II has a 52-week low of $9.90 and a 52-week high of $10.14.

About Breeze Acquisition Corp. II

Breeze Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to pursue a business combination, such as a merger, acquisition, or similar transaction, with one or more operating businesses.

As a SPAC, the company does not currently operate a conventional business, manufacture products, or provide services to customers. Its activities are primarily focused on raising capital through a public offering, evaluating potential acquisition targets, and completing a transaction that would allow a private company to become publicly traded.

Publicly available information about Breeze Acquisition Corp.