Quarry LP Acquires Shares of 150,000 Launch One Acquisition Corp. $LPAA

Key Points

• Quarry LP has acquired 150,000 shares of Launch One Acquisition Corp. (NASDAQ: LPAA), valued at approximately $1.53 million, representing about 0.52% ownership in the company as of the end of the quarter.
• A number of institutional investors, including Tidal Investments and Toronto Dominion Bank, also acquired new stakes in Launch One Acquisition during the fourth quarter, indicating growing interest in the company.
• The stock of Launch One Acquisition opened at $10.46, with a 12-month trading range between a low of $9.66 and a high of $10.70.

Quarry LP acquired a new stake in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 150,000 shares of the company's stock, valued at approximately $1,532,000. Quarry LP owned approximately 0.52% of Launch One Acquisition at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in LPAA. Tidal Investments LLC purchased a new stake in Launch One Acquisition in the 4th quarter valued at approximately $161,000. Boothbay Fund Management LLC purchased a new stake in Launch One Acquisition in the 4th quarter valued at approximately $248,000. Toronto Dominion Bank acquired a new stake in shares of Launch One Acquisition during the 4th quarter valued at approximately $907,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Launch One Acquisition during the 4th quarter valued at approximately $1,507,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of Launch One Acquisition during the 4th quarter valued at approximately $1,507,000.

Launch One Acquisition Trading Down 0.0%

LPAA stock opened at $10.46 on Friday. The firm has a 50 day moving average of $10.42 and a 200-day moving average of $10.32. Launch One Acquisition Corp. has a 12-month low of $9.66 and a 12-month high of $10.70.

Launch One Acquisition 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.

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