Viscogliosi Brothers Acquisition’s (NASDAQ:VBOCU – Get Rating) lock-up period will end on Wednesday, July 6th. Viscogliosi Brothers Acquisition had issued 7,500,000 shares in its public offering on January 7th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. After the end of Viscogliosi Brothers Acquisition’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Shares of Viscogliosi Brothers Acquisition stock opened at $9.90 on Tuesday. Viscogliosi Brothers Acquisition has a twelve month low of $9.81 and a twelve month high of $10.55. The business has a fifty day simple moving average of $9.95.
Several institutional investors have recently modified their holdings of VBOCU. Gabelli Funds LLC bought a new stake in shares of Viscogliosi Brothers Acquisition in the first quarter worth $165,000. Sage Mountain Advisors LLC bought a new stake in Viscogliosi Brothers Acquisition during the first quarter valued at $237,000. Prelude Capital Management LLC bought a new stake in Viscogliosi Brothers Acquisition during the first quarter valued at $249,000. Walleye Trading LLC bought a new stake in Viscogliosi Brothers Acquisition during the first quarter valued at $412,000. Finally, Flow Traders U.S. LLC bought a new stake in Viscogliosi Brothers Acquisition during the first quarter valued at $414,000.
Viscogliosi Brothers Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the neuro-musculoskeletal industry primarily in North America and Europe.
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