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AQR Arbitrage LLC Reduces Stake in Launch One Acquisition Corp. (NASDAQ:LPAA)

Launch One Acquisition logo with background

AQR Arbitrage LLC reduced its holdings in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) by 22.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,575,742 shares of the company's stock after selling 448,554 shares during the quarter. AQR Arbitrage LLC owned about 5.48% of Launch One Acquisition worth $15,820,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Condor Capital Management purchased a new position in Launch One Acquisition during the 4th quarter valued at $111,000. Wellspring Financial Advisors LLC bought a new stake in shares of Launch One Acquisition during the fourth quarter valued at approximately $184,000. Dakota Wealth Management raised its position in shares of Launch One Acquisition by 13.8% in the 4th quarter. Dakota Wealth Management now owns 23,550 shares of the company's stock worth $237,000 after purchasing an additional 2,850 shares during the last quarter. ATW Spac Management LLC purchased a new stake in Launch One Acquisition during the fourth quarter valued at $248,000. Finally, Boothbay Fund Management LLC purchased a new position in shares of Launch One Acquisition in the fourth quarter worth approximately $248,000.

Launch One Acquisition Trading Up 0.7 %

Shares of NASDAQ:LPAA traded up $0.08 during mid-day trading on Tuesday, reaching $10.36. 600 shares of the company traded hands, compared to its average volume of 72,576. Launch One Acquisition Corp. has a 52 week low of $9.66 and a 52 week high of $10.70. The company's 50 day moving average price is $10.21 and its 200-day moving average price is $10.10.

About Launch One Acquisition

(Free Report)

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.

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Institutional Ownership by Quarter for Launch One Acquisition (NASDAQ:LPAA)

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