CM Seven Star Acquisition’s (NASDAQ:CMSSU) lock-up period is set to expire on Tuesday, April 24th. CM Seven Star Acquisition had issued 18,000,000 shares in its initial public offering on October 26th. The total size of the offering was $180,000,000 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 end of the lock-up period.

Shares of NASDAQ CMSSU opened at $10.20 on Tuesday. CM Seven Star Acquisition has a 52-week low of $9.93 and a 52-week high of $10.35.

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Several hedge funds and other institutional investors have recently modified their holdings of the stock. Deutsche Bank AG acquired a new position in shares of CM Seven Star Acquisition in the 4th quarter worth $353,000. Hudson Bay Capital Management LP acquired a new position in shares of CM Seven Star Acquisition in the 4th quarter worth $996,000. Wolverine Asset Management LLC acquired a new position in shares of CM Seven Star Acquisition in the 4th quarter worth $1,543,000. Vertex One Asset Management Inc. acquired a new position in shares of CM Seven Star Acquisition in the 4th quarter worth $1,743,000. Finally, HGC Investment Management Inc. acquired a new position in shares of CM Seven Star Acquisition in the 4th quarter worth $2,264,000.

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