Bulldog Investors LLP purchased a new stake in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 563,395 shares of the company's stock, valued at approximately $5,661,000. Launch One Acquisition comprises approximately 1.5% of Bulldog Investors LLP's investment portfolio, making the stock its 23rd largest position. Bulldog Investors LLP owned approximately 1.96% of Launch One Acquisition as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Whitebox Advisors LLC acquired a new position in Launch One Acquisition during the 4th quarter worth approximately $2,512,000. Schonfeld Strategic Advisors LLC purchased a new position in Launch One Acquisition in the fourth quarter valued at $1,507,000. Boothbay Fund Management LLC acquired a new stake in Launch One Acquisition in the fourth quarter valued at $248,000. Wellspring Financial Advisors LLC acquired a new position in shares of Launch One Acquisition during the 4th quarter worth about $184,000. Finally, ATW Spac Management LLC purchased a new position in shares of Launch One Acquisition in the 4th quarter valued at $248,000.
Launch One Acquisition Price Performance
LPAA traded down $0.03 on Friday, reaching $10.28. The company had a trading volume of 14,872 shares, compared to its average volume of 71,349. Launch One Acquisition Corp. has a 1 year low of $9.66 and a 1 year high of $10.70. The stock has a 50-day moving average price of $10.23 and a 200-day moving average price of $10.11.
Launch One Acquisition Company Profile
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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.
Further Reading
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