Bambusa Therapeutics (NASDAQ:BBTX) Director Ra Capital Management, L.P. Acquires 2,500,000 Shares of Company Stock

Bambusa Therapeutics, Inc. (NASDAQ:BBTX – Get Free Report) Director Ra Capital Management, L.P. bought 2,500,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average cost of $16.00 per share, for a total transaction of $40,000,000.00. Following the completion of the purchase, the director directly owned 5,933,787 shares of the company’s stock, valued at $94,940,592. This represents a 72.81% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ra Capital Management, L.P. also recently made the following trade(s):

  • On Friday, October 30th, Ra Capital Management, L.P. bought 453,820 shares of Bambusa Therapeutics stock. The shares were bought at an average price of $14.63 per share, with a total value of $6,639,386.60.

Bambusa Therapeutics Price Performance

BBTX stock opened at $16.00 on Wednesday. Bambusa Therapeutics, Inc. has a one year low of $13.60 and a one year high of $17.42.

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