Polar Asset Management Partners Inc. bought a new position in shares of Bleichroeder Acquisition Corp I - Class A (NASDAQ:BACQ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,250,000 shares of the company's stock, valued at approximately $12,325,000. Polar Asset Management Partners Inc. owned about 3.70% of Bleichroeder Acquisition Corp I - Class A at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BACQ. Rangeley Capital LLC bought a new stake in Bleichroeder Acquisition Corp I - Class A during the fourth quarter worth $119,000. ATW Spac Management LLC bought a new stake in Bleichroeder Acquisition Corp I - Class A during the fourth quarter worth $339,000. Boothbay Fund Management LLC bought a new stake in Bleichroeder Acquisition Corp I - Class A during the fourth quarter worth $339,000. K2 Principal Fund L.P. bought a new position in shares of Bleichroeder Acquisition Corp I - Class A in the 4th quarter valued at $756,000. Finally, Spartan Fund Management Inc. bought a new position in shares of Bleichroeder Acquisition Corp I - Class A in the 4th quarter valued at $986,000.
Bleichroeder Acquisition Corp I - Class A Stock Up 0.2%
Shares of NASDAQ BACQ traded up $0.02 during mid-day trading on Thursday, hitting $10.22. 185,134 shares of the stock traded hands, compared to its average volume of 136,535. Bleichroeder Acquisition Corp I - Class A has a twelve month low of $9.80 and a twelve month high of $10.22. The firm's 50 day simple moving average is $10.08.
Bleichroeder Acquisition Corp I - Class A Company Profile
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Free Report)
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.
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