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

Perceptive Capital Solutions’ (NASDAQ:PCSC) lock-up period will end on Monday, December 9th. Perceptive Capital Solutions had issued 7,500,000 shares in its initial public offering 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 PCSC opened at $10.13 on Monday. Perceptive Capital Solutions has a 1 year low of $10.02 and a 1 year high of $10.15. The company has a fifty day moving average price of $10.07.

Institutional Investors Weigh In On Perceptive Capital Solutions

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

About Perceptive Capital Solutions

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.