Mirae Asset Global Investments Co. Ltd. Invests $609,000 in Bleichroeder Acquisition Corp. I (NASDAQ:BACQ)

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Bleichroeder Acquisition Corp. I (NASDAQ:BACQ - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 60,754 shares of the company's stock, valued at approximately $609,000. Mirae Asset Global Investments Co. Ltd. owned 0.18% of Bleichroeder Acquisition Corp. I at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of BACQ. Rangeley Capital LLC acquired a new position in shares of Bleichroeder Acquisition Corp. I in the fourth quarter valued at about $119,000. ATW Spac Management LLC acquired a new position in shares of Bleichroeder Acquisition Corp. I in the fourth quarter valued at about $339,000. Boothbay Fund Management LLC acquired a new position in shares of Bleichroeder Acquisition Corp. I in the fourth quarter valued at about $339,000. K2 Principal Fund L.P. acquired a new position in shares of Bleichroeder Acquisition Corp. I in the fourth quarter valued at about $756,000. Finally, Spartan Fund Management Inc. acquired a new position in shares of Bleichroeder Acquisition Corp. I in the fourth quarter valued at about $986,000.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Bleichroeder Acquisition Corp. I to a "hold" rating in a research note on Friday, June 27th.

Bleichroeder Acquisition Corp. I Trading Down 0.1%

Bleichroeder Acquisition Corp. I stock traded down $0.01 during trading hours on Wednesday, reaching $10.29. 161,268 shares of the stock were exchanged, compared to its average volume of 84,862. Bleichroeder Acquisition Corp. I has a twelve month low of $9.80 and a twelve month high of $10.45. The stock has a 50 day moving average of $10.25 and a two-hundred day moving average of $10.07.

Bleichroeder Acquisition Corp. I Company Profile

Bleichroeder Acquisition Corp. I is 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 by Andrew Stephen Gundlach and Michel Combes on June 24, 2024 and is headquartered in New York, NY.