BDCIU’s (NASDAQ:BDCIU) Lock-Up Period Set To Expire on March 30th

BDCIU’s (NASDAQ:BDCIU) lock-up period is set to expire on Monday, March 30th. BDCIU had issued 22,000,000 shares in its initial public offering on September 30th. 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.

BDCIU Stock Performance

NASDAQ:BDCIU opened at $10.12 on Monday. The firm’s 50 day moving average price is $10.17. BDCIU has a 52 week low of $10.09 and a 52 week high of $10.55.

Institutional Trading of BDCIU

A hedge fund recently bought a new stake in BDCIU stock. Lineage Point Capital LP purchased a new position in BDCIU (NASDAQ:BDCIU) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,768 shares of the company’s stock, valued at approximately $129,000.