Polar Asset Management Partners Inc. Takes Position in Andretti Acquisition Corp. II (NASDAQ:POLE)

Polar Asset Management Partners Inc. bought a new position in Andretti Acquisition Corp. II (NASDAQ:POLE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,750,000 shares of the company's stock, valued at approximately $17,491,000. Polar Asset Management Partners Inc. owned about 5.93% of Andretti Acquisition Corp. II as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. LMR Partners LLP purchased a new stake in shares of Andretti Acquisition Corp. II during the 4th quarter worth approximately $16,992,000. AQR Arbitrage LLC purchased a new position in Andretti Acquisition Corp. II during the fourth quarter valued at approximately $15,194,000. Picton Mahoney Asset Management bought a new position in shares of Andretti Acquisition Corp. II in the fourth quarter worth $10,995,000. D. E. Shaw & Co. Inc. bought a new position in Andretti Acquisition Corp. II in the 4th quarter worth about $9,890,000. Finally, Westchester Capital Management LLC purchased a new stake in Andretti Acquisition Corp. II in the fourth quarter valued at approximately $7,112,000.

Andretti Acquisition Corp. II Price Performance

NASDAQ:POLE remained flat at $10.29 during midday trading on Wednesday. 254,858 shares of the company traded hands, compared to its average volume of 52,335. The company has a 50-day moving average price of $10.20. Andretti Acquisition Corp. II has a one year low of $9.94 and a one year high of $11.16.

Andretti Acquisition Corp. II Profile

Andretti Acquisition Corp. II 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. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.