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

Before you consider Black Spade Acquisition II, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Black Spade Acquisition II wasn't on the list.
While Black Spade Acquisition II currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.