Perception Capital Corp. II’s (NASDAQ:PCCTU – Get Rating) lock-up period is set to expire on Tuesday, April 26th. Perception Capital Corp. II had issued 20,000,000 shares in its IPO on October 28th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.
Shares of PCCTU opened at $10.08 on Friday. Perception Capital Corp. II has a 12 month low of $10.01 and a 12 month high of $10.50. The stock’s fifty day simple moving average is $10.06.
Hedge funds have recently made changes to their positions in the business. K2 Principal Fund L.P. acquired a new stake in Perception Capital Corp. II in the fourth quarter valued at $113,000. Walleye Capital LLC acquired a new stake in Perception Capital Corp. II in the fourth quarter valued at $160,000. Landscape Capital Management L.L.C. acquired a new stake in Perception Capital Corp. II in the fourth quarter valued at $187,000. Ghisallo Capital Management LLC acquired a new stake in Perception Capital Corp. II in the fourth quarter valued at $305,000. Finally, Segantii Capital Management Ltd acquired a new stake in Perception Capital Corp. II in the fourth quarter valued at $508,000.
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