Boothbay Fund Management LLC Buys New Stake in Trailblazer Merger Co. I (NASDAQ:TBMC)

Boothbay Fund Management LLC acquired a new position in shares of Trailblazer Merger Co. I (NASDAQ:TBMC - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 223,000 shares of the company's stock, valued at approximately $2,482,000. Boothbay Fund Management LLC owned 4.96% of Trailblazer Merger Co. I as of its most recent SEC filing.

Separately, Wolverine Asset Management LLC lifted its position in shares of Trailblazer Merger Co. I by 32,752.0% in the 4th quarter. Wolverine Asset Management LLC now owns 131,408 shares of the company's stock worth $1,463,000 after purchasing an additional 131,008 shares during the period. 77.13% of the stock is owned by hedge funds and other institutional investors.

Trailblazer Merger Co. I Price Performance

Shares of NASDAQ TBMC traded up $0.12 during midday trading on Friday, reaching $11.82. 2,513 shares of the company's stock traded hands, compared to its average volume of 19,435. The stock's 50 day simple moving average is $11.38 and its 200-day simple moving average is $11.21. Trailblazer Merger Co. I has a one year low of $10.72 and a one year high of $12.89.

Trailblazer Merger Co. I Profile

Trailblazer Merger Corp. I is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization or other similar business combination. The company was founded on November 12, 2021 and is headquartered in New York, NY.