Mizuho Securities USA LLC Has $5.35 Million Position in Eureka Acquisition Corp. $EURK

Key Points

• Mizuho Securities USA LLC increased its holdings in Eureka Acquisition Corp. by 36.1% during the first quarter, owning about 6.84% of the company valued at approximately $5.3 million.
• Several hedge funds, including D. E. Shaw & Co. and Heights Capital Management, made notable changes to their positions in Eureka Acquisition, with acquisitions totaling over $5 million in the fourth quarter.
• The stock price of Eureka Acquisition Corp. increased by 1.0% on Friday, with a range of $10.02 to $10.83 over the past twelve months.

Mizuho Securities USA LLC lifted its stake in Eureka Acquisition Corp. (NASDAQ:EURK - Free Report) by 36.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 523,100 shares of the company's stock after purchasing an additional 138,622 shares during the quarter. Mizuho Securities USA LLC owned 6.84% of Eureka Acquisition worth $5,346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in EURK. Heights Capital Management Inc. purchased a new stake in shares of Eureka Acquisition in the fourth quarter worth approximately $156,000. Quarry LP purchased a new stake in shares of Eureka Acquisition in the fourth quarter worth approximately $1,016,000. Bulldog Investors LLP purchased a new stake in shares of Eureka Acquisition in the fourth quarter worth approximately $1,026,000. D. E. Shaw & Co. Inc. lifted its position in shares of Eureka Acquisition by 23.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 247,500 shares of the company's stock worth $2,512,000 after purchasing an additional 47,500 shares in the last quarter. Finally, Toronto Dominion Bank purchased a new stake in shares of Eureka Acquisition in the fourth quarter worth approximately $2,638,000.

Eureka Acquisition Price Performance

Shares of NASDAQ EURK traded up $0.0450 during mid-day trading on Thursday, reaching $10.6450. The company had a trading volume of 4,600 shares, compared to its average volume of 477. The stock has a fifty day moving average of $10.57 and a two-hundred day moving average of $10.40. Eureka Acquisition Corp. has a 12-month low of $10.02 and a 12-month high of $10.83.

Eureka Acquisition Company Profile

Eureka Acquisition Corp focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Grand Cayman, the Cayman Islands.