LAMF Global Ventures Corp. I’s (NASDAQ:LGVCU) Lock-Up Period To Expire on May 10th

LAMF Global Ventures Corp. I’s (NASDAQ:LGVCU – Get Rating) lock-up period is set to end on Tuesday, May 10th. LAMF Global Ventures Corp. I had issued 22,000,000 shares in its public offering on November 11th. The total size of the offering was $220,000,000 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 end of the lock-up period.

LAMF Global Ventures Corp. I stock opened at $10.09 on Tuesday. The stock has a 50 day moving average price of $10.03. LAMF Global Ventures Corp. I has a fifty-two week low of $9.18 and a fifty-two week high of $10.14.

Institutional investors have recently added to or reduced their stakes in the company. Wealthspring Capital LLC purchased a new position in shares of LAMF Global Ventures Corp. I in the fourth quarter worth approximately $645,000. Calamos Advisors LLC purchased a new position in LAMF Global Ventures Corp. I during the fourth quarter valued at approximately $15,060,000. Dupont Capital Management Corp purchased a new position in LAMF Global Ventures Corp. I during the fourth quarter valued at approximately $502,000. Eisler Capital UK Ltd. purchased a new position in LAMF Global Ventures Corp. I during the fourth quarter valued at approximately $2,007,000. Finally, Angelo Gordon & CO. L.P. purchased a new position in LAMF Global Ventures Corp. I during the fourth quarter valued at approximately $201,000.

LAMF Global Ventures Corp. I Company Profile (Get Rating)

LAMF Global Ventures Corp. I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to pursue an acquisition opportunity in media, entertainment, and sports, as well as e-commerce and technology industries.

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