Quarry LP Buys 125,000 Shares of Eureka Acquisition Corp. $EURK

Key Points

• Quarry LP significantly increased its stake in Eureka Acquisition Corp. by acquiring an additional 125,000 shares, boosting its total holdings to 225,000 shares, which represents approximately 0.5% of its investment portfolio.
• Other investors, including D. E. Shaw & Co. Inc. and Mizuho Securities USA LLC, also raised their stakes in Eureka Acquisition in the fourth and first quarter, indicating growing interest in the company.
• Eureka Acquisition Corp.'s stock opened at $10.68 and has a one-year range of $10.02 to $10.83, reflecting relatively stable trading activity.

Quarry LP boosted its stake in shares of Eureka Acquisition Corp. (NASDAQ:EURK - Free Report) by 125.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 225,000 shares of the company's stock after acquiring an additional 125,000 shares during the quarter. Eureka Acquisition comprises about 0.5% of Quarry LP's investment portfolio, making the stock its 27th biggest position. Quarry LP owned 2.94% of Eureka Acquisition worth $2,321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in EURK. Bulldog Investors LLP bought a new stake in Eureka Acquisition during the fourth quarter worth approximately $1,026,000. D. E. Shaw & Co. Inc. grew its stake in shares of Eureka Acquisition by 23.8% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 247,500 shares of the company's stock valued at $2,512,000 after buying an additional 47,500 shares during the last quarter. Toronto Dominion Bank bought a new position in shares of Eureka Acquisition during the fourth quarter valued at approximately $2,638,000. Mizuho Securities USA LLC grew its stake in shares of Eureka Acquisition by 36.1% during the first quarter. Mizuho Securities USA LLC now owns 523,100 shares of the company's stock valued at $5,346,000 after buying an additional 138,622 shares during the last quarter. Finally, Gabelli Funds LLC bought a new position in shares of Eureka Acquisition during the first quarter valued at approximately $743,000.

Eureka Acquisition Stock Up 0.3%

EURK opened at $10.68 on Friday. The stock's 50 day moving average price is $10.60 and its 200-day moving average price is $10.42. Eureka Acquisition Corp. has a one year low of $10.02 and a one year high of $10.83.

Eureka Acquisition Company Profile

Eureka Acquisition Corp focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Grand Cayman, the Cayman Islands.

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