Bayview Acquisition Corp’s Lock-Up Period Set To Expire on June 12th (NASDAQ:BAYAU)

Bayview Acquisition’s (NASDAQ:BAYAUGet Free Report) lock-up period is set to end on Wednesday, June 12th. Bayview Acquisition had issued 6,000,000 shares in its public offering on December 15th. The total size of the offering was $60,000,000 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 expiration of the lock-up period.

Bayview Acquisition Price Performance

Shares of NASDAQ BAYAU opened at $10.41 on Wednesday. Bayview Acquisition has a 1-year low of $10.05 and a 1-year high of $11.50. The business has a fifty day moving average of $10.47.

Hedge Funds Weigh In On Bayview Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the business. Clear Street LLC acquired a new stake in Bayview Acquisition in the 4th quarter worth about $503,000. ATW Spac Management LLC acquired a new stake in Bayview Acquisition during the fourth quarter worth approximately $3,061,000. Cohanzick Management LLC bought a new position in Bayview Acquisition during the 4th quarter worth $1,012,000. MMCAP International Inc. SPC bought a new position in Bayview Acquisition during the 4th quarter worth $2,735,000. Finally, Mizuho Securities USA LLC acquired a new position in Bayview Acquisition in the 4th quarter valued at $3,196,000.

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