D. E. Shaw & Co. Inc. raised its position in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) by 181.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 990,000 shares of the company's stock after purchasing an additional 637,932 shares during the quarter. D. E. Shaw & Co. Inc. owned 3.44% of Launch One Acquisition worth $9,940,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the company. Dakota Wealth Management lifted its holdings in Launch One Acquisition by 13.8% during the 4th quarter. Dakota Wealth Management now owns 23,550 shares of the company's stock worth $237,000 after buying an additional 2,850 shares in the last quarter. Robinson Capital Management LLC raised its stake in shares of Launch One Acquisition by 12,420.4% in the fourth quarter. Robinson Capital Management LLC now owns 31,301 shares of the company's stock valued at $314,000 after acquiring an additional 31,051 shares in the last quarter. Wolverine Asset Management LLC boosted its holdings in Launch One Acquisition by 2,740.2% in the fourth quarter. Wolverine Asset Management LLC now owns 510,891 shares of the company's stock valued at $5,134,000 after purchasing an additional 492,903 shares during the period. Wealthspring Capital LLC grew its stake in Launch One Acquisition by 4.3% during the 4th quarter. Wealthspring Capital LLC now owns 121,560 shares of the company's stock worth $1,222,000 after purchasing an additional 5,040 shares in the last quarter. Finally, Picton Mahoney Asset Management acquired a new position in Launch One Acquisition during the 4th quarter worth $16,780,000.
Launch One Acquisition Trading Up 0.2%
Shares of NASDAQ:LPAA traded up $0.02 during trading hours on Tuesday, reaching $10.35. The stock had a trading volume of 209,097 shares, compared to its average volume of 70,606. The firm's 50 day moving average is $10.25 and its 200-day moving average is $10.13. Launch One Acquisition Corp. has a 1 year low of $9.66 and a 1 year high of $10.70.
Launch One Acquisition Profile
(
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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