Polar Asset Management Partners Inc. Invests $1.51 Million in Launch One Acquisition Corp. (NASDAQ:LPAA)

Polar Asset Management Partners Inc. bought a new stake in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 150,000 shares of the company's stock, valued at approximately $1,507,000. Polar Asset Management Partners Inc. owned approximately 0.52% of Launch One Acquisition at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Wolverine Asset Management LLC grew its position in Launch One Acquisition by 2,740.2% in the 4th quarter. Wolverine Asset Management LLC now owns 510,891 shares of the company's stock valued at $5,134,000 after acquiring an additional 492,903 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in Launch One Acquisition in the 4th quarter valued at about $16,780,000. Robinson Capital Management LLC grew its position in shares of Launch One Acquisition by 12,420.4% during the fourth quarter. Robinson Capital Management LLC now owns 31,301 shares of the company's stock worth $314,000 after buying an additional 31,051 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Launch One Acquisition during the fourth quarter worth about $4,522,000. Finally, ATW Spac Management LLC acquired a new position in shares of Launch One Acquisition during the fourth quarter worth about $248,000.

Launch One Acquisition Stock Performance

Shares of Launch One Acquisition stock traded down $0.03 on Friday, reaching $10.38. 382 shares of the company were exchanged, compared to its average volume of 71,999. Launch One Acquisition Corp. has a 1-year low of $9.66 and a 1-year high of $10.70. The stock's 50 day moving average price is $10.28 and its 200-day moving average price is $10.15.

About Launch One Acquisition

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.