Shaolin Capital Management LLC boosted its stake in shares of Big Cypress Acquisition Corp. (OTCMKTS:BCYP) by 2.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 533,519 shares of the technology company’s stock after buying an additional 13,259 shares during the quarter. Shaolin Capital Management LLC’s holdings in Big Cypress Acquisition were worth $5,315,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Periscope Capital Inc. acquired a new stake in shares of Big Cypress Acquisition in the first quarter valued at approximately $5,892,000. Karpus Management Inc. acquired a new stake in shares of Big Cypress Acquisition in the first quarter valued at approximately $5,842,000. Glazer Capital LLC purchased a new position in shares of Big Cypress Acquisition during the second quarter valued at approximately $5,305,000. Kepos Capital LP purchased a new position in shares of Big Cypress Acquisition during the second quarter valued at approximately $5,262,000. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of Big Cypress Acquisition during the first quarter valued at approximately $4,910,000. Institutional investors own 60.21% of the company’s stock.
OTCMKTS:BCYP traded up $0.02 during trading hours on Thursday, reaching $10.10. 338,332 shares of the company were exchanged, compared to its average volume of 205,076. Big Cypress Acquisition Corp. has a 52-week low of $9.70 and a 52-week high of $10.75. The stock has a 50 day simple moving average of $10.01 and a 200 day simple moving average of $9.95.
In related news, Director Jeffrey G. Spragens purchased 13,000 shares of the business’s stock in a transaction on Friday, October 1st. The shares were bought at an average price of $10.07 per share, with a total value of $130,910.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 15.30% of the company’s stock.
Big Cypress Acquisition Profile
Big Cypress Acquisition Corp. does not have significant operations. The company intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or similar business combination. It primarily focuses in the life science sector. The company was incorporated in 2020 and is based in Miami Beach, Florida.
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