D. E. Shaw & Co. Inc. purchased a new position in shares of Bleichroeder Acquisition Corp I - Class A (NASDAQ:BACQ - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,237,500 shares of the company's stock, valued at approximately $12,202,000. D. E. Shaw & Co. Inc. owned 3.67% of Bleichroeder Acquisition Corp I - Class A as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BACQ. AQR Arbitrage LLC purchased a new position in Bleichroeder Acquisition Corp I - Class A during the fourth quarter valued at approximately $18,917,000. Westchester Capital Management LLC purchased a new position in Bleichroeder Acquisition Corp I - Class A during the fourth quarter valued at $12,226,000. Virtu Financial LLC bought a new stake in Bleichroeder Acquisition Corp I - Class A during the 4th quarter valued at about $2,845,000. Quarry LP purchased a new stake in Bleichroeder Acquisition Corp I - Class A during the 4th quarter valued at $2,466,000. Finally, Picton Mahoney Asset Management bought a new position in shares of Bleichroeder Acquisition Corp I - Class A during the 4th quarter valued at approximately $1,974,000.
Bleichroeder Acquisition Corp I - Class A Stock Performance
NASDAQ BACQ traded down $0.01 on Monday, reaching $10.15. The company had a trading volume of 75,426 shares, compared to its average volume of 136,503. The stock's 50 day moving average is $10.06. Bleichroeder Acquisition Corp I - Class A has a 12 month low of $9.80 and a 12 month high of $10.18.
About Bleichroeder Acquisition Corp I - Class A
(
Free Report)
Bleichroeder Acquisition Corp. I is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Andrew Stephen Gundlach and Michel Combes on June 24, 2024 and is headquartered in New York, NY.
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