Wl Ross Sponsor Picked Nexeo Solutions Inc. (NASDAQ:NXEO) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

Guess Who Picked Up Mylan N.v. (NASDAQ:MYL) Shares
Patton Thomas M is Buying Cas Medical Systems Inc. (...
OrbiMed Advisors is Buying Ironwood Pharmaceuticals ...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Nexeo Solutions Inc. (NASDAQ:NXEO) reported that Wl Ross Sponsor Llc. has picked up 2,280,860 of common stock as of 2017-04-14.

The acquisition brings the aggregate amount owned by Wl Ross Sponsor Llc. to a total of 2,280,860 representing a 2.6% stake in the company.

For those not familiar with the company, Nexeo Solutions Inc, formerly WL Ross Holding Corp., is global distributor of chemicals products in North America and Asia, and plastics products in North America, Europe, the Middle East and Africa (EMEA) and Asia. The Company provides services, such as custom blending, packaging and re-packaging, private-label manufacturing and product testing in the form of chemical analysis, product performance analysis and product development. It also provides environmental services, including waste collection, recovery and arrangement for disposal services and recycling in North America, primarily in the United States, through its Environmental Services line of business. The Company operates in three segments: Chemicals, Plastics and Environmental Services.

A glance at Nexeo Solutions Inc. (NASDAQ:NXEO)’s key stats reveals a current market capitalization of 780.47 Million based on 89.29 Million shares outstanding and a price at last close of $8.84 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-14, Zatta picked up 1,000 at a purchase price of $9.06. This brings their total holding to 1,000 as of the date of the filing.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Nexeo Solutions Inc. (NASDAQ:NXEO) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

Gores Sponsor Llc. is Buying Hostess Brands, ...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Hostess Brands, Inc. (NASDAQ:TWNK) reported that Gores Sponsor Llc. has picked
RIBT Stock Price is retraced, can it bounce b...

RiceBran Technologies RIBT stock price is down 4% in the last 5 days & volume is up 179%, but is it

Midwestone Financial Group Inc. (NASDAQ:MOFG)...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Midwestone Financial Group Inc. (NASDAQ:MOFG) reported that Morrison John M

related post

Skip to content