Jackson Acquisition Company II $JACS Shares Sold by Crossingbridge Advisors LLC

Key Points

• Crossingbridge Advisors LLC reduced its stake in Jackson Acquisition Company II (NYSE:JACS) by 12.5%, owning 350,000 shares after selling 50,000 shares in the first quarter.
• Wolverine Asset Management LLC significantly increased its stake in the company by 160.2%, now holding 338,300 shares worth approximately $3.4 million.
• As of Thursday, JACS stock opened at $10.36, with a 1-year trading range between $9.94 and $10.41.

Crossingbridge Advisors LLC decreased its stake in shares of Jackson Acquisition Company II (NYSE:JACS - Free Report) by 12.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 350,000 shares of the company's stock after selling 50,000 shares during the quarter. Jackson Acquisition Company II comprises 1.8% of Crossingbridge Advisors LLC's holdings, making the stock its 15th biggest position. Crossingbridge Advisors LLC owned approximately 1.18% of Jackson Acquisition Company II worth $3,524,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Wolverine Asset Management LLC increased its stake in Jackson Acquisition Company II by 160.2% during the 1st quarter. Wolverine Asset Management LLC now owns 338,300 shares of the company's stock valued at $3,407,000 after purchasing an additional 208,300 shares in the last quarter.

Jackson Acquisition Company II Trading Down 0.1%

Jackson Acquisition Company II stock traded down $0.01 during mid-day trading on Friday, reaching $10.34. 435 shares of the company traded hands, compared to its average volume of 55,236. Jackson Acquisition Company II has a fifty-two week low of $9.94 and a fifty-two week high of $10.41. The firm's fifty day moving average is $10.32 and its two-hundred day moving average is $10.19.

Jackson Acquisition Company II Company Profile

Jackson Acquisition Co II operates as 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 on September 11, 2024 and is headquartered in Alpharetta, GA.