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Discussion (27)
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That would be amazing! Outstanding shares will be 104M on Monday post merger. I think that’s still pretty low hopefully lots of institutional buyers come in!!
Here’s the response from investor relations at AppHarvest re lock-up period for PIPE investors:
Thanks for taking an interest in AppHarvest. As it relates to your questions, we don’t comment on expectations once the Company begins trading under the ticker APPH while PIPE shares have no lock-up period. That said, a resale S-1 filing is required to register these shares w/ the SEC, and that has yet to occur. At this time, we cannot offer you a timeline on when that may happen.
You have to read the S1 filing for the lock-up restrictions
I believe there’s a 30 day lock up period after the merger completion where the PIPE investors can’t sell, am I wrong?
Thoughts?
Thoughts on today’s price activity ?
Reviews have been good
104M shares outstanding after merger
Any valuation estimates post merger?