SIM Acquisition Corp. I (NASDAQ:SIMA) Shares Purchased by Wolverine Asset Management LLC

Key Points

• Wolverine Asset Management LLC increased its holdings in SIM Acquisition Corp. I by 14.2% in Q1, acquiring an additional 87,845 shares, bringing its total ownership to 706,302 shares valued at approximately $7.2 million.
• Other large investors also made significant new investments in SIM Acquisition Corp. I in Q4, with total new stakes adding up to millions, indicating growing institutional interest.
• SIM Acquisition Corp. I's stock has traded in a narrow range between a one-year low of $9.95 and a high of $10.47, with a recent trading price opening at $10.42.

Wolverine Asset Management LLC raised its holdings in SIM Acquisition Corp. I (NASDAQ:SIMA - Free Report) by 14.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 706,302 shares of the company's stock after purchasing an additional 87,845 shares during the quarter. Wolverine Asset Management LLC owned 2.30% of SIM Acquisition Corp. I worth $7,218,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Toronto Dominion Bank purchased a new stake in shares of SIM Acquisition Corp. I in the 4th quarter valued at $1,719,000. Quarry LP purchased a new stake in SIM Acquisition Corp. I during the 4th quarter worth about $2,510,000. LMR Partners LLP purchased a new stake in SIM Acquisition Corp. I during the 4th quarter worth about $9,839,000. Bulldog Investors LLP purchased a new stake in SIM Acquisition Corp. I during the 4th quarter worth about $1,506,000. Finally, D. E. Shaw & Co. Inc. increased its holdings in SIM Acquisition Corp. I by 7.6% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 987,497 shares of the company's stock worth $9,914,000 after purchasing an additional 70,000 shares during the period.

SIM Acquisition Corp. I Price Performance

NASDAQ SIMA traded up $0.01 during trading hours on Monday, hitting $10.44. 473,074 shares of the company were exchanged, compared to its average volume of 72,464. The company has a 50 day moving average of $10.43 and a two-hundred day moving average of $10.29. SIM Acquisition Corp. I has a 52-week low of $9.95 and a 52-week high of $10.47.

SIM Acquisition Corp. I Company Profile

SIM Acquisition Corp. I 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. The company primary focus on the healthcare industry. SIM Acquisition Corp.