Cohen Circle Acquisition Corp. I’s (NASDAQ:CCIRU – Get Free Report) lock-up period will end on Wednesday, April 9th. Cohen Circle Acquisition Corp. I had issued 20,000,000 shares in its IPO on October 11th. The total size of the offering was $200,000,000 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.
Cohen Circle Acquisition Corp. I Price Performance
Shares of NASDAQ CCIRU opened at $12.00 on Wednesday. The business has a fifty day moving average of $11.69. Cohen Circle Acquisition Corp. I has a 1-year low of $9.98 and a 1-year high of $15.85.
Institutional Investors Weigh In On Cohen Circle Acquisition Corp. I
Several institutional investors have recently bought and sold shares of the company. Magnetar Financial LLC bought a new stake in Cohen Circle Acquisition Corp. I during the 4th quarter worth about $20,038,000. LMR Partners LLP acquired a new stake in shares of Cohen Circle Acquisition Corp. I in the fourth quarter valued at about $10,120,000. Linden Advisors LP acquired a new stake in shares of Cohen Circle Acquisition Corp. I in the fourth quarter valued at about $10,100,000. MMCAP International Inc. SPC bought a new stake in Cohen Circle Acquisition Corp. I during the fourth quarter worth about $9,918,000. Finally, Millennium Management LLC acquired a new position in Cohen Circle Acquisition Corp. I during the fourth quarter valued at approximately $4,048,000.
About Cohen Circle Acquisition Corp. I
We are a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination, involving one or more businesses or assets, which we refer to throughout this prospectus as our initial business combination.
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