Mizuho Securities USA LLC Acquires New Position in Launch One Acquisition Corp. (NASDAQ:LPAA)

Key Points

• Mizuho Securities USA LLC has acquired a new stake in Launch One Acquisition Corp. (NASDAQ:LPAA), purchasing approximately 275,000 shares valued at around $2.79 million.
• Other institutional investors have also increased their positions in Launch One Acquisition, with notable new purchases including Tidal Investments LLC and Toronto Dominion Bank.
• The stock price of Launch One Acquisition Corp. is currently $10.42, reflecting a 0.2% decline in value.

Mizuho Securities USA LLC purchased a new position in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 275,000 shares of the company's stock, valued at approximately $2,791,000. Mizuho Securities USA LLC owned 0.96% of Launch One Acquisition at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of LPAA. Wolverine Asset Management LLC grew its stake in shares of Launch One Acquisition by 32.3% in the 1st quarter. Wolverine Asset Management LLC now owns 675,755 shares of the company's stock worth $6,899,000 after buying an additional 164,864 shares in the last quarter. Polar Asset Management Partners Inc. bought a new stake in Launch One Acquisition during the 4th quarter valued at about $1,507,000. Toronto Dominion Bank bought a new stake in Launch One Acquisition during the 4th quarter valued at about $907,000. Tidal Investments LLC bought a new stake in shares of Launch One Acquisition in the 4th quarter valued at about $161,000. Finally, LMR Partners LLP bought a new stake in shares of Launch One Acquisition in the 4th quarter valued at about $19,898,000.

Launch One Acquisition Stock Up 0.0%

Shares of Launch One Acquisition stock traded up $0.01 on Friday, reaching $10.44. The stock had a trading volume of 2,551 shares, compared to its average volume of 54,137. The company has a 50 day moving average price of $10.42 and a 200 day moving average price of $10.30. Launch One Acquisition Corp. has a 1 year low of $9.66 and a 1 year high of $10.70.

Launch One Acquisition Company Profile

Launch One Acquisition Corp. is a blank check company. It 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. Launch One Acquisition Corp. is based in New York.