Linden Advisors LP Purchases Shares of 500,000 Range Capital Acquisition Corp. $RANG

Key Points

• Linden Advisors LP has made a new investment of approximately $5.03 million in Range Capital Acquisition Corp., acquiring 500,000 shares, which amounts to about 3.57% ownership.
• Other hedge funds, including Warberg Asset Management LLC and Dakota Wealth Management, have also recently purchased positions in Range Capital Acquisition during the first quarter.
• As of the last trading day, Range Capital’s stock opened at $10.25 and has a 52-week trading range between $9.91 and $10.64.

Linden Advisors LP bought a new stake in Range Capital Acquisition Corp. (NASDAQ:RANG - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 500,000 shares of the company's stock, valued at approximately $5,025,000. Linden Advisors LP owned 3.57% of Range Capital Acquisition at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in RANG. Schechter Investment Advisors LLC acquired a new stake in shares of Range Capital Acquisition in the 1st quarter valued at about $5,320,000. Crossingbridge Advisors LLC acquired a new position in Range Capital Acquisition during the 1st quarter valued at about $4,522,000. Wealthspring Capital LLC acquired a new position in Range Capital Acquisition during the 1st quarter valued at about $1,559,000. Dakota Wealth Management acquired a new position in Range Capital Acquisition during the 1st quarter valued at about $310,000. Finally, Warberg Asset Management LLC acquired a new position in Range Capital Acquisition during the 1st quarter valued at about $187,000.

Range Capital Acquisition Stock Performance

RANG stock traded down $0.03 during mid-day trading on Wednesday, reaching $10.25. 1,365 shares of the company traded hands, compared to its average volume of 763. Range Capital Acquisition Corp. has a fifty-two week low of $9.91 and a fifty-two week high of $10.64. The company has a 50 day simple moving average of $10.25.

About Range Capital Acquisition

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.