Toronto Dominion Bank bought a new stake in Valuence Merger Corp. I (NASDAQ:VMCA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 72,497 shares of the company's stock, valued at approximately $835,000. Toronto Dominion Bank owned approximately 0.98% of Valuence Merger Corp. I at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Berkley W R Corp lifted its holdings in Valuence Merger Corp. I by 162.5% in the fourth quarter. Berkley W R Corp now owns 261,289 shares of the company's stock valued at $3,010,000 after buying an additional 161,766 shares during the period. Boothbay Fund Management LLC bought a new stake in shares of Valuence Merger Corp. I during the fourth quarter worth about $685,000. Finally, Virtu Financial LLC bought a new stake in shares of Valuence Merger Corp. I during the fourth quarter worth about $220,000. Institutional investors and hedge funds own 52.21% of the company's stock.
Valuence Merger Corp. I Stock Performance
VMCA stock remained flat at $12.00 during trading on Thursday. Valuence Merger Corp. I has a 12-month low of $11.39 and a 12-month high of $11.79. The business has a fifty day moving average of $11.93 and a 200-day moving average of $11.71. The firm has a market cap of $88.44 million, a PE ratio of 75.00 and a beta of 0.01.
Valuence Merger Corp. I Profile
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Free Report)
Valuence Merger Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in developing breakthrough technology in life sciences and/or advancing a platform for sustainable technology in Asia.
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