Anteris Technologies Global Corp’s Lock-Up Period Set To End on June 11th (NASDAQ:AVR)

Anteris Technologies Global’s (NASDAQ:AVR) lock-up period will end on Wednesday, June 11th. Anteris Technologies Global had issued 14,800,000 shares in its public offering on December 13th. The total size of the offering was $88,800,000 based on an initial share price of $6.00. After the expiration of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Anteris Technologies Global Stock Down 3.5%

Shares of NASDAQ:AVR opened at $4.47 on Wednesday. Anteris Technologies Global has a 52 week low of $2.34 and a 52 week high of $8.79. The business has a 50 day simple moving average of $3.86.

Anteris Technologies Global (NASDAQ:AVR) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.61) EPS for the quarter. On average, sell-side analysts predict that Anteris Technologies Global will post -2.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Anteris Technologies Global

A number of large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Anteris Technologies Global during the first quarter worth $32,000. ADAR1 Capital Management LLC increased its position in shares of Anteris Technologies Global by 59.4% during the first quarter. ADAR1 Capital Management LLC now owns 1,678,063 shares of the company’s stock worth $6,108,000 after purchasing an additional 625,095 shares in the last quarter. L1 Capital Pty Ltd increased its position in shares of Anteris Technologies Global by 146.9% during the first quarter. L1 Capital Pty Ltd now owns 6,886,480 shares of the company’s stock worth $25,067,000 after purchasing an additional 4,097,797 shares in the last quarter. Affinity Asset Advisors LLC increased its position in shares of Anteris Technologies Global by 30.0% during the first quarter. Affinity Asset Advisors LLC now owns 390,000 shares of the company’s stock worth $1,420,000 after purchasing an additional 90,000 shares in the last quarter. Finally, Corebridge Financial Inc. acquired a new position in shares of Anteris Technologies Global during the first quarter worth $27,000.

About Anteris Technologies Global

Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.