Blue Water Acquisition Corp. IV’s (NYSE:BWIV) Lock-Up Period To Expire on September 16th

by · The Markets Daily

Blue Water Acquisition Corp. IV’s (NYSE:BWIV – Get Free Report) lock-up period is set to end on Wednesday, September 16th. Blue Water Acquisition Corp. IV had issued 12,500,000 shares in its IPO on March 20th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on Blue Water Acquisition Corp. IV in a research report on Tuesday, August 18th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Get Our Latest Research Report on Blue Water Acquisition Corp. IV

Blue Water Acquisition Corp. IV Price Performance

BWIV stock opened at $9.96 on Friday. The company has a 50-day moving average of $9.93. Blue Water Acquisition Corp. IV has a 52 week low of $9.85 and a 52 week high of $10.00.

About Blue Water Acquisition Corp. IV

(Get Free Report)

Blue Water Acquisition Corp IV is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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