Oyster Enterprises II Acquisition’s (NASDAQ:OYSEU – Get Free Report) lock-up period is set to expire on Tuesday, November 18th. Oyster Enterprises II Acquisition had issued 22,000,000 shares in its IPO on May 22nd. The total size of the offering was $220,000,000 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.
Oyster Enterprises II Acquisition Stock Performance
NASDAQ:OYSEU opened at $10.24 on Monday. Oyster Enterprises II Acquisition has a 12 month low of $10.00 and a 12 month high of $11.16. The company has a 50 day moving average price of $10.30.
Institutional Trading of Oyster Enterprises II Acquisition
Several institutional investors and hedge funds have recently made changes to their positions in OYSEU. Gritstone Asset Management LLC bought a new stake in shares of Oyster Enterprises II Acquisition in the second quarter worth about $506,000. Mint Tower Capital Management B.V. acquired a new position in shares of Oyster Enterprises II Acquisition in the 2nd quarter valued at approximately $1,518,000. Wealthspring Capital LLC bought a new stake in Oyster Enterprises II Acquisition during the 2nd quarter worth approximately $759,000. Tuttle Capital Management LLC acquired a new stake in Oyster Enterprises II Acquisition during the 2nd quarter worth approximately $101,000. Finally, Wolverine Asset Management LLC bought a new position in Oyster Enterprises II Acquisition in the second quarter valued at approximately $330,000.
About Oyster Enterprises II Acquisition
We are a blank check company incorporated on October 9, 2024, as a Cayman Islands exempted company and 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, which we refer to throughout this prospectus as our initial business combination.
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