225,000 Shares in Range Capital Acquisition Corp. $RANG Bought by DLD Asset Management LP

Key Points

• DLD Asset Management LP has acquired 225,000 shares of Range Capital Acquisition Corp. for approximately $2.26 million, representing about 1.61% ownership in the company.
• Several other hedge funds also took new positions in Range Capital Acquisition during the first quarter, with notable investments including $5.02 million from Linden Advisors LP.
• As of the latest trading day, Range Capital Acquisition's stock is priced at $10.26, with a one-year trading range between $9.91 and $10.64.

DLD Asset Management LP acquired a new stake in Range Capital Acquisition Corp. (NASDAQ:RANG - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 225,000 shares of the company's stock, valued at approximately $2,261,000. DLD Asset Management LP owned approximately 1.61% of Range Capital Acquisition as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in RANG. Linden Advisors LP acquired a new position in Range Capital Acquisition in the first quarter valued at $5,025,000. Crossingbridge Advisors LLC acquired a new position in Range Capital Acquisition in the first quarter valued at $4,522,000. Warberg Asset Management LLC acquired a new position in Range Capital Acquisition in the first quarter valued at $187,000. Wealthspring Capital LLC acquired a new position in Range Capital Acquisition in the first quarter valued at $1,559,000. Finally, Dakota Wealth Management acquired a new position in Range Capital Acquisition in the first quarter valued at $310,000.

Range Capital Acquisition Trading Up 0.1%

Range Capital Acquisition stock traded up $0.01 during trading on Monday, hitting $10.26. The company's stock had a trading volume of 753 shares, compared to its average volume of 41,040. The stock has a fifty day moving average price of $10.26. Range Capital Acquisition Corp. has a 1-year low of $9.91 and a 1-year high of $10.64.

Range Capital Acquisition Company Profile

Range Capital Acquisition Corp. operates as a blank check company. It was 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. The company was founded on July 24, 2024 and is headquartered in New York, NY.