Crossingbridge Advisors LLC Buys 24,909 Shares of Bayview Acquisition Corp. $BAYA

Key Points

• Crossingbridge Advisors LLC increased its stake in Bayview Acquisition Corp. by 33.2%, acquiring an additional 24,909 shares in the first quarter, bringing its total ownership to 99,909 shares.
• Bayview Acquisition Corp. has experienced a price range over the past twelve months, with a low of $10.30 and a high of $11.99, currently opening at $11.1240.
• The company is classified as a blank check company, aiming to engage in business combinations such as mergers and asset acquisitions.

Crossingbridge Advisors LLC grew its stake in shares of Bayview Acquisition Corp. (NASDAQ:BAYA - Free Report) by 33.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,909 shares of the company's stock after acquiring an additional 24,909 shares during the quarter. Crossingbridge Advisors LLC owned about 1.84% of Bayview Acquisition worth $1,090,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Toronto Dominion Bank purchased a new stake in Bayview Acquisition during the 4th quarter valued at about $213,000. Bulldog Investors LLP purchased a new position in Bayview Acquisition in the fourth quarter worth about $225,000. Wolverine Asset Management LLC lifted its stake in shares of Bayview Acquisition by 4.6% in the first quarter. Wolverine Asset Management LLC now owns 360,045 shares of the company's stock worth $3,921,000 after buying an additional 15,786 shares in the last quarter. Finally, Mizuho Securities USA LLC grew its holdings in shares of Bayview Acquisition by 2.4% during the first quarter. Mizuho Securities USA LLC now owns 526,000 shares of the company's stock valued at $5,681,000 after buying an additional 12,500 shares during the last quarter.

Bayview Acquisition Price Performance

Shares of BAYA opened at $11.1240 on Thursday. Bayview Acquisition Corp. has a twelve month low of $10.30 and a twelve month high of $11.99. The firm has a 50 day moving average of $11.16 and a 200 day moving average of $11.00.

About Bayview Acquisition

Bayview Acquisition Corp is a blank check company. It formed for the purpose to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Bayview Acquisition Corp is based in Cayman Islands.

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