Oxley Bridge Acquisition Ltd’s (NASDAQ:OBAWU) Lock-Up Period Will End on December 22nd

Oxley Bridge Acquisition’s (NASDAQ:OBAWU) lock-up period is set to expire on Monday, December 22nd. Oxley Bridge Acquisition had issued 22,000,000 shares in its public offering on June 25th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Oxley Bridge Acquisition Price Performance

Shares of NASDAQ OBAWU opened at $10.24 on Monday. Oxley Bridge Acquisition has a 1 year low of $10.00 and a 1 year high of $10.50. The stock has a fifty day moving average price of $10.17.

Institutional Trading of Oxley Bridge Acquisition

A number of large investors have recently made changes to their positions in OBAWU. Calamos Advisors LLC bought a new position in shares of Oxley Bridge Acquisition in the second quarter worth about $247,000. Tuttle Capital Management LLC purchased a new stake in Oxley Bridge Acquisition in the 2nd quarter valued at about $300,000. Timelo Investment Management Inc. bought a new position in Oxley Bridge Acquisition in the 2nd quarter worth about $500,000. BCK Capital Management LP purchased a new position in shares of Oxley Bridge Acquisition during the second quarter worth approximately $538,000. Finally, Gabelli Funds LLC purchased a new position in shares of Oxley Bridge Acquisition during the second quarter worth approximately $560,000.

Oxley Bridge Acquisition Company Profile

We are a blank check company incorporated on August 6, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.