Perceptive Capital Solutions' (NASDAQ:PCSC - Get Free Report) lock-up period is set to end on Monday, December 9th. Perceptive Capital Solutions had issued 7,500,000 shares in its initial public offering on June 12th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Perceptive Capital Solutions Stock Performance
Shares of PCSC remained flat at $10.13 during trading hours on Monday. The stock had a trading volume of 19,338 shares, compared to its average volume of 29,615. The stock's 50-day moving average price is $10.07. Perceptive Capital Solutions has a 12-month low of $10.02 and a 12-month high of $10.15.
Institutional Investors Weigh In On Perceptive Capital Solutions
A number of large investors have recently made changes to their positions in the company. Levin Capital Strategies L.P. purchased a new stake in Perceptive Capital Solutions in the second quarter worth about $302,000. Warberg Asset Management LLC bought a new stake in Perceptive Capital Solutions during the 2nd quarter worth approximately $310,000. Glazer Capital LLC purchased a new position in Perceptive Capital Solutions during the second quarter valued at approximately $593,000. Clear Street LLC bought a new position in shares of Perceptive Capital Solutions in the second quarter worth approximately $850,000. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Perceptive Capital Solutions in the second quarter worth $1,508,000.
Perceptive Capital Solutions Company Profile
(
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Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.
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