Polar Asset Management Partners Inc. Takes Position in Black Spade Acquisition II Co (NASDAQ:BSII)

Polar Asset Management Partners Inc. purchased a new stake in shares of Black Spade Acquisition II Co (NASDAQ:BSII - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,400,000 shares of the company's stock, valued at approximately $13,916,000. Polar Asset Management Partners Inc. owned 7.32% of Black Spade Acquisition II as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Wealthspring Capital LLC bought a new stake in shares of Black Spade Acquisition II during the 4th quarter valued at $453,000. Schechter Investment Advisors LLC acquired a new stake in shares of Black Spade Acquisition II during the fourth quarter worth $4,430,000. Picton Mahoney Asset Management acquired a new position in Black Spade Acquisition II in the fourth quarter valued at about $4,971,000. Periscope Capital Inc. bought a new position in Black Spade Acquisition II during the fourth quarter worth about $1,242,000. Finally, Condor Capital Management acquired a new stake in shares of Black Spade Acquisition II during the fourth quarter worth $102,000.

Black Spade Acquisition II Stock Performance

Shares of BSII traded down $0.19 during trading hours on Friday, reaching $10.01. The stock had a trading volume of 11,441 shares, compared to its average volume of 110,846. The stock has a 50-day moving average price of $10.22. Black Spade Acquisition II Co has a 12 month low of $9.85 and a 12 month high of $13.56.

Black Spade Acquisition II Profile

Black Spade Acquisition II Co is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. Black Spade Acquisition II Co is based in HONG KONG.