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Two Sigma Investments LP Makes New Investment in Black Spade Acquisition II Co (NASDAQ:BSII)

Black Spade Acquisition II logo with Financial Services background

Two Sigma Investments LP purchased a new position in shares of Black Spade Acquisition II Co (NASDAQ:BSII - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 343,750 shares of the company's stock, valued at approximately $3,413,000. Two Sigma Investments LP owned approximately 1.80% of Black Spade Acquisition II at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Polar Asset Management Partners Inc. bought a new stake in shares of Black Spade Acquisition II during the fourth quarter valued at approximately $13,902,000. Fort Baker Capital Management LP bought a new stake in Black Spade Acquisition II during the 4th quarter worth approximately $13,517,000. Bracebridge Capital LLC acquired a new stake in shares of Black Spade Acquisition II during the fourth quarter worth $9,682,000. Linden Advisors LP bought a new stake in shares of Black Spade Acquisition II in the fourth quarter valued at about $7,448,000. Finally, LMR Partners LLP acquired a new position in Black Spade Acquisition II during the 4th quarter worth approximately $7,199,000.

Black Spade Acquisition II Stock Down 19.6%

Shares of Black Spade Acquisition II stock traded down $1.90 on Tuesday, reaching $7.80. 26,693 shares of the company were exchanged, compared to its average volume of 110,493. The firm's 50-day moving average is $10.20. Black Spade Acquisition II Co has a one year low of $7.80 and a one year high of $13.56.

About Black Spade Acquisition II

(Free Report)

Black Spade Acquisition II Co is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. Black Spade Acquisition II Co is based in HONG KONG.

See Also

Institutional Ownership by Quarter for Black Spade Acquisition II (NASDAQ:BSII)

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