Rose Hill Acquisition Co.’s Lock-Up Period Will Expire on April 12th (NASDAQ:ROSEU)

Rose Hill Acquisition’s (NASDAQ:ROSEUGet Rating) lock-up period will expire on Tuesday, April 12th. Rose Hill Acquisition had issued 12,500,000 shares in its public offering on October 14th. The total size of the offering was $125,000,000 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.

ROSEU opened at $10.13 on Tuesday. Rose Hill Acquisition has a 12 month low of $9.74 and a 12 month high of $10.58. The stock has a fifty day moving average of $10.06.

A number of large investors have recently made changes to their positions in ROSEU. Walleye Capital LLC purchased a new stake in Rose Hill Acquisition during the 4th quarter valued at about $176,000. Virtu Financial LLC purchased a new stake in Rose Hill Acquisition during the 4th quarter valued at about $230,000. Apollo Management Holdings L.P. purchased a new stake in Rose Hill Acquisition during the 4th quarter valued at about $2,021,000. Castle Creek Arbitrage LLC purchased a new stake in Rose Hill Acquisition during the 4th quarter valued at about $5,068,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in Rose Hill Acquisition during the 4th quarter valued at about $1,017,000.

About Rose Hill Acquisition (Get Rating)

Rose Hill Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. It intends to focus on companies that operate in Latin American markets. The company was incorporated in 2021 and is based in Atlanta, Georgia.

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