Helix Acquisition Corp. II’s (NASDAQ:HLXB) Lock-Up Period Will Expire on August 7th

Helix Acquisition Corp. II’s (NASDAQ:HLXB) lock-up period will expire on Wednesday, August 7th. Helix Acquisition Corp. II had issued 16,000,000 shares in its IPO on February 9th. The total size of the offering was $160,000,000 based on an initial share price of $10.00. 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.

Helix Acquisition Corp. II Stock Up 0.1 %

Shares of NASDAQ HLXB opened at $10.40 on Wednesday. Helix Acquisition Corp. II has a 52 week low of $10.03 and a 52 week high of $10.83. The company has a 50-day moving average of $10.27.

Institutional Trading of Helix Acquisition Corp. II

Several hedge funds and other institutional investors have recently made changes to their positions in HLXB. Price T Rowe Associates Inc. MD acquired a new stake in shares of Helix Acquisition Corp. II in the first quarter valued at about $11,703,000. Farallon Capital Management LLC acquired a new stake in shares of Helix Acquisition Corp. II in the first quarter valued at about $6,210,000. Affinity Asset Advisors LLC acquired a new position in Helix Acquisition Corp. II during the first quarter worth about $2,588,000. StemPoint Capital LP acquired a new position in Helix Acquisition Corp. II during the first quarter worth about $2,080,000. Finally, TD Asset Management Inc acquired a new position in Helix Acquisition Corp. II during the second quarter worth about $1,480,000. Institutional investors and hedge funds own 54.89% of the company’s stock.

Helix Acquisition Corp. II Company Profile

Helix Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Boston, Massachusetts. Helix Acquisition Corp. II is a subsidiary of Helix Holdings II LLC.