BDCIU’s (NASDAQ:BDCIU) Lock-Up Period Will Expire on March 30th

BDCIU’s (NASDAQ:BDCIU) lock-up period is set to end on Monday, March 30th. BDCIU had issued 22,000,000 shares in its IPO on September 30th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. After the expiration of BDCIU’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

BDCIU Price Performance

BDCIU stock opened at $10.10 on Wednesday. The company’s 50-day moving average price is $10.16. BDCIU has a 52-week low of $10.09 and a 52-week high of $10.55.

Hedge Funds Weigh In On BDCIU

An institutional investor recently bought a new position in BDCIU stock. Lineage Point Capital LP bought a new position in BDCIU (NASDAQ:BDCIU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,768 shares of the company’s stock, valued at approximately $129,000.