Mizuho Securities USA LLC Invests $5.04 Million in Zalatoris II Acquisition Corp. (NASDAQ:ZLS)

Mizuho Securities USA LLC bought a new position in shares of Zalatoris II Acquisition Corp. (NASDAQ:ZLS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 474,985 shares of the company's stock, valued at approximately $5,035,000. Mizuho Securities USA LLC owned 3.96% of Zalatoris II Acquisition as of its most recent SEC filing.

Separately, Cowen AND Company LLC acquired a new stake in Zalatoris II Acquisition during the fourth quarter worth about $4,678,000. Institutional investors and hedge funds own 53.56% of the company's stock.

Zalatoris II Acquisition Stock Performance

NASDAQ:ZLS traded up $0.01 during trading hours on Friday, reaching $10.93. 507 shares of the company were exchanged, compared to its average volume of 12,790. Zalatoris II Acquisition Corp. has a twelve month low of $10.26 and a twelve month high of $11.00. The stock's 50-day moving average is $10.85 and its 200-day moving average is $10.75.

Zalatoris II Acquisition Profile

Zalatoris II Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in Brazil. The company was formerly known as XPAC Acquisition Corp.