AvidXchange Holdings, Inc.’s Lock-Up Period Will End on April 11th (NASDAQ:AVDX)
AvidXchange’s (NASDAQ:AVDX – Get Rating) lock-up period is set to end on Monday, April 11th. AvidXchange had issued 26,400,000 shares in its public offering on October 13th. The total size of the offering was $660,000,000 based on an initial share price of $25.00. After the expiration of AvidXchange’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.