Oyster Enterprises II Acquisition Corp $OYSEU Shares Sold by Bulldog Investors LLP

Bulldog Investors LLP lowered its position in Oyster Enterprises II Acquisition Corp (NASDAQ:OYSEU) by 50.3% in the third quarter, Holdings Channel reports. The fund owned 120,199 shares of the company’s stock after selling 121,593 shares during the period. Bulldog Investors LLP’s holdings in Oyster Enterprises II Acquisition were worth $1,202,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hudson Bay Capital Management LP purchased a new stake in shares of Oyster Enterprises II Acquisition in the 2nd quarter valued at approximately $7,050,000. Radcliffe Capital Management L.P. purchased a new stake in shares of Oyster Enterprises II Acquisition during the 2nd quarter worth $5,577,000. Moore Capital Management LP acquired a new position in shares of Oyster Enterprises II Acquisition during the second quarter worth $5,060,000. Linden Advisors LP acquired a new position in shares of Oyster Enterprises II Acquisition during the second quarter worth $10,120,000. Finally, LMR Partners LLP purchased a new position in Oyster Enterprises II Acquisition in the second quarter valued at $11,132,000.

Oyster Enterprises II Acquisition Stock Performance

Oyster Enterprises II Acquisition stock opened at $10.31 on Friday. The stock’s fifty day moving average is $10.42 and its two-hundred day moving average is $10.34. Oyster Enterprises II Acquisition Corp has a 1-year low of $10.00 and a 1-year high of $11.79.

About Oyster Enterprises II Acquisition

Oyster Enterprises II Acquisition (NASDAQ: OYSEU) is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more operating businesses. As a blank‐check vehicle, the company was organized under the laws of the Cayman Islands with the sole purpose of identifying and completing a transaction with a target that will enhance shareholder value.

Upon its initial public offering, Oyster Enterprises II Acquisition issued units consisting of one ordinary share and one‐half warrant.