Vine Hill Capital Investment Corp. II Units’ Lock-Up Period Set To Expire on June 16th (NASDAQ:VHCPU)

Vine Hill Capital Investment Corp. II Units’ (NASDAQ:VHCPU) lock-up period is set to end on Tuesday, June 16th. Vine Hill Capital Investment Corp. II Units had issued 20,000,000 shares in its initial public offering on December 18th. 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.

Vine Hill Capital Investment Corp. II Units Price Performance

NASDAQ VHCPU opened at $10.11 on Tuesday. The business has a fifty day moving average of $10.03. Vine Hill Capital Investment Corp. II Units has a 12-month low of $9.99 and a 12-month high of $10.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VHCPU. Marshall Wace LLP purchased a new position in shares of Vine Hill Capital Investment Corp. II Units in the fourth quarter worth $2,004,000. Gritstone Asset Management LLC raised its holdings in shares of Vine Hill Capital Investment Corp. II Units by 700.0% in the first quarter. Gritstone Asset Management LLC now owns 100,000 shares of the company’s stock worth $1,000,000 after buying an additional 87,500 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp raised its holdings in shares of Vine Hill Capital Investment Corp. II Units by 32.9% in the first quarter. OMERS ADMINISTRATION Corp now owns 399,979 shares of the company’s stock worth $4,000,000 after buying an additional 98,979 shares during the last quarter.