Polar Asset Management Partners Inc. acquired a new position in Bleichroeder Acquisition Corp I - Class A (NASDAQ:BACQ - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,250,000 shares of the company's stock, valued at approximately $12,325,000. Polar Asset Management Partners Inc. owned 3.70% of Bleichroeder Acquisition Corp I - Class A at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Rangeley Capital LLC bought a new position in Bleichroeder Acquisition Corp I - Class A in the fourth quarter worth approximately $119,000. ATW Spac Management LLC bought a new position in Bleichroeder Acquisition Corp I - Class A in the 4th quarter worth $339,000. Boothbay Fund Management LLC purchased a new position in Bleichroeder Acquisition Corp I - Class A during the fourth quarter valued at $339,000. K2 Principal Fund L.P. bought a new stake in Bleichroeder Acquisition Corp I - Class A during the fourth quarter valued at about $756,000. Finally, Spartan Fund Management Inc. purchased a new stake in Bleichroeder Acquisition Corp I - Class A in the fourth quarter worth about $986,000.
Bleichroeder Acquisition Corp I - Class A Stock Up 0.3%
Shares of NASDAQ BACQ traded up $0.03 during trading on Tuesday, hitting $10.20. The company had a trading volume of 432,012 shares, compared to its average volume of 136,018. Bleichroeder Acquisition Corp I - Class A has a 12 month low of $9.80 and a 12 month high of $10.21. The company has a 50 day simple moving average of $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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