GABELLI & Co INVESTMENT ADVISERS INC. Takes $877,000 Position in Eureka Acquisition Corp (NASDAQ:EURK)

GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in Eureka Acquisition Corp (NASDAQ:EURK - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 89,200 shares of the company's stock, valued at approximately $877,000. GABELLI & Co INVESTMENT ADVISERS INC. owned approximately 1.17% of Eureka Acquisition at the end of the most recent reporting period.

Separately, Wolverine Asset Management LLC raised its position in shares of Eureka Acquisition by 321.9% during the fourth quarter. Wolverine Asset Management LLC now owns 487,329 shares of the company's stock worth $4,946,000 after purchasing an additional 371,832 shares during the period.

Eureka Acquisition Price Performance

Shares of EURK traded down $0.02 during trading hours on Friday, reaching $10.33. The stock had a trading volume of 808 shares, compared to its average volume of 67,897. The firm has a 50-day simple moving average of $10.28 and a 200 day simple moving average of $10.18. Eureka Acquisition Corp has a 12 month low of $10.03 and a 12 month high of $10.37.

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.