Free Trial

Polar Asset Management Partners Inc. Invests $13.90 Million in Black Spade Acquisition II Co (NASDAQ:BSII)

Black Spade Acquisition II logo with Financial Services background

Polar Asset Management Partners Inc. purchased a new position in 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. The fund purchased 1,400,000 shares of the company's stock, valued at approximately $13,902,000. Polar Asset Management Partners Inc. owned approximately 7.32% of Black Spade Acquisition II at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Wealthspring Capital LLC bought a new stake in shares of Black Spade Acquisition II during the fourth quarter worth $453,000. Schechter Investment Advisors LLC purchased a new position in Black Spade Acquisition II in the 4th quarter valued at approximately $4,430,000. Picton Mahoney Asset Management purchased a new position in shares of Black Spade Acquisition II in the 4th quarter valued at $4,971,000. Periscope Capital Inc. purchased a new position in Black Spade Acquisition II during the fourth quarter worth about $1,242,000. Finally, Condor Capital Management purchased a new position in Black Spade Acquisition II during the fourth quarter worth $102,000.

Black Spade Acquisition II Stock Performance

BSII traded up $0.01 on Monday, reaching $10.30. 98,165 shares of the company's stock were exchanged, compared to its average volume of 114,548. The company's 50 day simple moving average is $10.16. Black Spade Acquisition II Co has a twelve month low of $9.85 and a twelve month high of $10.39.

Black Spade Acquisition II Company Profile

(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.

Read More

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

Should You Invest $1,000 in Black Spade Acquisition II Right Now?

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

10 Stocks Set to Soar in Spring 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

4 Biotech Stocks on the Verge of Massive Breakthroughs
New AI Deals Just Sent These 4 Infrastructure Stocks Soaring
7 Nuclear Stocks One Announcement Away from Exploding

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines