Saba Capital Management L.P. acquired a new stake in Bleichroeder Acquisition Corp I - Class A (NASDAQ:BACQ - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,224,823 shares of the company's stock, valued at approximately $12,083,000. Saba Capital Management L.P. owned approximately 3.63% of Bleichroeder Acquisition Corp I - Class A at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Rangeley Capital LLC bought a new position in shares of Bleichroeder Acquisition Corp I - Class A during the 4th quarter worth approximately $119,000. ATW Spac Management LLC acquired a new position in Bleichroeder Acquisition Corp I - Class A during the fourth quarter worth $339,000. Boothbay Fund Management LLC bought a new position in Bleichroeder Acquisition Corp I - Class A in the fourth quarter valued at $339,000. K2 Principal Fund L.P. acquired a new stake in Bleichroeder Acquisition Corp I - Class A in the 4th quarter valued at $756,000. Finally, Spartan Fund Management Inc. acquired a new stake in Bleichroeder Acquisition Corp I - Class A in the 4th quarter valued at $986,000.
Bleichroeder Acquisition Corp I - Class A Price Performance
Shares of Bleichroeder Acquisition Corp I - Class A stock traded up $0.01 during trading hours on Thursday, reaching $10.17. 344 shares of the company's stock were exchanged, compared to its average volume of 132,836. The business's 50 day moving average is $10.07. Bleichroeder Acquisition Corp I - Class A has a fifty-two week low of $9.80 and a fifty-two week high of $10.20.
Bleichroeder Acquisition Corp I - Class A Profile
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Free Report)
Bleichroeder Acquisition Corp. I is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Andrew Stephen Gundlach and Michel Combes on June 24, 2024 and is headquartered in New York, NY.
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