Oyster Enterprises II Acquisition’s (NASDAQ:OYSEU – Get Free Report) lock-up period is set to end 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 end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Oyster Enterprises II Acquisition Trading Up 0.5%
Shares of NASDAQ OYSEU opened at $10.24 on Friday. Oyster Enterprises II Acquisition has a twelve month low of $10.00 and a twelve month high of $11.16. The business has a 50 day simple moving average of $10.30.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Meteora Capital LLC purchased a new stake in shares of Oyster Enterprises II Acquisition during the 2nd quarter valued at $15,581,000. AQR Arbitrage LLC purchased a new position in shares of Oyster Enterprises II Acquisition in the 2nd quarter worth about $15,129,000. Magnetar Financial LLC bought a new position in Oyster Enterprises II Acquisition during the second quarter valued at about $13,156,000. LMR Partners LLP purchased a new stake in Oyster Enterprises II Acquisition during the second quarter worth about $11,132,000. Finally, Linden Advisors LP bought a new stake in Oyster Enterprises II Acquisition in the second quarter worth about $10,120,000.
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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