Boston Omaha Corporation’s (BOMN) Lock-Up Period To Expire on December 13th
Boston Omaha’s (NASDAQ:BOMN) lock-up period is set to expire on Wednesday, December 13th. Boston Omaha had issued 6,538,462 shares in its public offering on June 16th. The total size of the offering was $85,000,006 based on an initial share price of $13.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Boston Omaha (NASDAQ:BOMN) opened at $24.00 on Wednesday. Boston Omaha has a twelve month low of $12.15 and a twelve month high of $26.30.
Institutional investors and hedge funds have recently bought and sold shares of the business. Shufro Rose & Co. LLC acquired a new stake in Boston Omaha in the third quarter worth $1,457,000. Cowen Inc. acquired a new stake in Boston Omaha in the second quarter worth $1,461,000. Cowen Prime Services LLC acquired a new stake in Boston Omaha in the second quarter worth $3,145,000. Finally, Magnolia Group LLC acquired a new stake in Boston Omaha in the second quarter worth $96,978,000. Institutional investors own 61.07% of the company’s stock.
About Boston Omaha
Boston Omaha Corporation is engaged in the business of various sectors, including advertising, insurance, and real estate. The Company’s operations include its ownership of multiple billboards in Alabama, Florida, Georgia, and Wisconsin, and equity method investments in several real estate and real estate service companies.
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