Oxley Bridge Acquisition Ltd’s (NASDAQ:OBAWU) Lock-Up Period Will End on December 22nd

Oxley Bridge Acquisition’s (NASDAQ:OBAWUGet Free Report) lock-up period is set to expire on Monday, December 22nd. Oxley Bridge Acquisition had issued 22,000,000 shares in its initial public offering on June 25th. 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, company insiders and major shareholders will be able to sell their shares of the company.

Oxley Bridge Acquisition Stock Performance

Shares of OBAWU stock opened at $10.24 on Monday. Oxley Bridge Acquisition has a 52-week low of $10.00 and a 52-week high of $10.50. The company’s 50 day simple moving average is $10.17.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. BCK Capital Management LP boosted its position in Oxley Bridge Acquisition by 28.1% during the third quarter. BCK Capital Management LP now owns 68,873 shares of the company’s stock valued at $691,000 after purchasing an additional 15,123 shares in the last quarter. Calamos Advisors LLC bought a new position in Oxley Bridge Acquisition in the second quarter worth about $247,000. Tuttle Capital Management LLC purchased a new stake in shares of Oxley Bridge Acquisition during the second quarter valued at about $300,000. Timelo Investment Management Inc. bought a new stake in shares of Oxley Bridge Acquisition in the 2nd quarter valued at about $500,000. Finally, Gabelli Funds LLC bought a new stake in shares of Oxley Bridge Acquisition in the 2nd quarter valued at about $560,000.

Oxley Bridge Acquisition Company Profile

(Get Free Report)

We are a blank check company incorporated on August 6, 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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