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275,000 Shares in Cayson Acquisition Corp $CAPN Acquired by Polar Asset Management Partners Inc.

Cayson Acquisition logo with Financial Services background

Key Points

  • Polar Asset Management Partners Inc. has acquired 275,000 shares of Cayson Acquisition Corp, valued at approximately $2.8 million, representing about 3.51% of the company.
  • Other institutional investors, such as Toronto Dominion Bank and Westchester Capital Management, have also made significant investments in Cayson Acquisition recently.
  • Cayson Acquisition Corp. is a blank check company focused on mergers and acquisitions, with its stock currently trading around $10.38.
  • MarketBeat previews top five stocks to own in October.

Polar Asset Management Partners Inc. purchased a new stake in shares of Cayson Acquisition Corp (NASDAQ:CAPN - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 275,000 shares of the company's stock, valued at approximately $2,805,000. Polar Asset Management Partners Inc. owned 3.51% of Cayson Acquisition as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Westchester Capital Management LLC bought a new stake in shares of Cayson Acquisition during the 1st quarter valued at about $3,315,000. Mizuho Securities USA LLC grew its stake in shares of Cayson Acquisition by 9.1% during the 1st quarter. Mizuho Securities USA LLC now owns 704,000 shares of the company's stock valued at $7,110,000 after purchasing an additional 59,000 shares during the period. Wolverine Asset Management LLC grew its stake in shares of Cayson Acquisition by 27.6% during the 1st quarter. Wolverine Asset Management LLC now owns 515,107 shares of the company's stock valued at $5,254,000 after purchasing an additional 111,392 shares during the period. Toronto Dominion Bank bought a new stake in shares of Cayson Acquisition during the 4th quarter valued at about $3,475,000. Finally, Two Sigma Investments LP bought a new stake in shares of Cayson Acquisition during the 4th quarter valued at about $1,508,000.

Cayson Acquisition Trading Up 0.5%

Shares of NASDAQ:CAPN traded up $0.05 during mid-day trading on Wednesday, reaching $10.43. 5,302 shares of the company traded hands, compared to its average volume of 21,179. The company's 50 day moving average price is $10.36 and its 200-day moving average price is $10.26. Cayson Acquisition Corp has a 52 week low of $9.95 and a 52 week high of $10.49.

About Cayson Acquisition

(Free Report)

Cayson Acquisition Corp is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Cayson Acquisition Corp is based in NEW YORK.

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Institutional Ownership by Quarter for Cayson Acquisition (NASDAQ:CAPN)

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