Perceptive Capital Solutions Corp’s (NASDAQ:PCSC) Lock-Up Period To Expire on December 9th

Perceptive Capital Solutions’ (NASDAQ:PCSC) lock-up period is set to end on Monday, December 9th. Perceptive Capital Solutions had issued 7,500,000 shares in its IPO on June 12th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Perceptive Capital Solutions Stock Performance

Shares of NASDAQ PCSC opened at $10.13 on Monday. The business has a 50-day simple moving average of $10.07. Perceptive Capital Solutions has a twelve month low of $10.02 and a twelve month high of $10.15.

Hedge Funds Weigh In On Perceptive Capital Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of PCSC. Levin Capital Strategies L.P. bought a new stake in Perceptive Capital Solutions during the second quarter worth about $302,000. Warberg Asset Management LLC purchased a new position in shares of Perceptive Capital Solutions during the 2nd quarter valued at about $310,000. Glazer Capital LLC purchased a new position in shares of Perceptive Capital Solutions during the 2nd quarter valued at about $593,000. Clear Street LLC bought a new stake in Perceptive Capital Solutions in the 2nd quarter worth approximately $850,000. Finally, Highbridge Capital Management LLC purchased a new stake in Perceptive Capital Solutions in the second quarter worth approximately $1,508,000.

Perceptive Capital Solutions Company Profile

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.