Bison Capital Acquisition Corp’s (BCACU) Lock-Up Period Set To End on December 18th

Bison Capital Acquisition’s (NASDAQ:BCACU) lock-up period will expire on Monday, December 18th. Bison Capital Acquisition had issued 5,250,000 shares in its public offering on June 20th. The total size of the offering was $52,500,000 based on an initial share price of $10.00. After the end of Bison Capital Acquisition’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Shares of Bison Capital Acquisition (BCACU) opened at $10.27 on Friday. Bison Capital Acquisition has a twelve month low of $10.05 and a twelve month high of $10.40.

Several large investors have recently modified their holdings of BCACU. Berkley W R Corp bought a new position in shares of Bison Capital Acquisition during the second quarter worth about $494,000. CNH Partners LLC bought a new position in shares of Bison Capital Acquisition during the second quarter worth about $1,530,000. OxFORD Asset Management LLP bought a new position in shares of Bison Capital Acquisition during the second quarter worth about $1,530,000. Bluefin Trading LLC bought a new position in shares of Bison Capital Acquisition during the second quarter worth about $3,521,000. Finally, K2 Principal Fund L.P. bought a new position in shares of Bison Capital Acquisition during the second quarter worth about $1,887,000.

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Bison Capital Acquisition Company Profile

Bison Capital Acquisition Corp. is a blank check company. The Company was formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities (a business combination).

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