AMCI Acquisition Corp. Units’ (AMCIU) Lock-Up Period To Expire on May 15th

AMCI Acquisition Corp. Units’ (OTCMKTS:AMCIU) lock-up period is set to end on Wednesday, May 15th. AMCI Acquisition Corp. Units had issued 20,000,000 shares in its IPO on November 16th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

AMCIU opened at $10.18 on Friday. AMCI Acquisition Corp. Units has a 12 month low of $9.90 and a 12 month high of $10.20.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP acquired a new position in AMCI Acquisition Corp. Units during the 4th quarter worth $11,940,000. Highbridge Capital Management LLC acquired a new position in AMCI Acquisition Corp. Units during the 4th quarter worth $9,955,000. City Financial Investment Co Ltd acquired a new position in AMCI Acquisition Corp. Units during the 4th quarter worth $9,950,000. HGC Investment Management Inc. acquired a new position in AMCI Acquisition Corp. Units during the 4th quarter worth $5,970,000. Finally, Glazer Capital LLC acquired a new position in AMCI Acquisition Corp. Units during the 4th quarter worth $5,769,000.

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About AMCI Acquisition Corp. Units

AMCI Acquisition Corp. intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was founded in 2018 and is based in Greenwich, Connecticut.

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