Silver Run Acquisition II Corp’s (SRUNU) Lock-Up Period Set To End on September 20th

Silver Run Acquisition II Corp’s (NASDAQ:SRUNU) lock-up period will end on Wednesday, September 20th. Silver Run Acquisition II Corp had issued 90,000,000 shares in its initial public offering on March 24th. The total size of the offering was $900,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

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Shares of Silver Run Acquisition II Corp (NASDAQ SRUNU) opened at 10.6492 on Wednesday. Silver Run Acquisition II Corp has a 1-year low of $10.20 and a 1-year high of $11.00.

A number of large investors have recently added to or reduced their stakes in the business. Citigroup Inc. purchased a new position in shares of Silver Run Acquisition II Corp in the second quarter valued at $293,000. Tocqueville Asset Management L.P. grew its position in shares of Silver Run Acquisition II Corp by 17.5% in the second quarter. Tocqueville Asset Management L.P. now owns 134,255 shares of the company’s stock valued at $1,434,000 after purchasing an additional 20,000 shares in the last quarter. TD Asset Management Inc. grew its position in shares of Silver Run Acquisition II Corp by 0.4% in the second quarter. TD Asset Management Inc. now owns 1,027,700 shares of the company’s stock valued at $10,991,000 after purchasing an additional 3,600 shares in the last quarter. Finally, Locust Wood Capital Advisers LLC grew its position in shares of Silver Run Acquisition II Corp by 6.7% in the second quarter. Locust Wood Capital Advisers LLC now owns 1,108,307 shares of the company’s stock valued at $11,839,000 after purchasing an additional 69,310 shares in the last quarter.

About Silver Run Acquisition II Corp

Silver Run Acquisition Corporation II is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on its search for a target business in the energy industry.

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