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Shaolin Capital Management LLC Sells 200,000 Shares of Launch One Acquisition Corp. (NASDAQ:LPAA)

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Shaolin Capital Management LLC lowered its position in shares of Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) by 57.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 150,000 shares of the company's stock after selling 200,000 shares during the quarter. Shaolin Capital Management LLC owned approximately 0.52% of Launch One Acquisition worth $1,507,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Condor Capital Management bought a new stake in Launch One Acquisition in the fourth quarter valued at about $111,000. Wellspring Financial Advisors LLC bought a new stake in Launch One Acquisition in the fourth quarter valued at about $184,000. Dakota Wealth Management increased its holdings in shares of Launch One Acquisition by 13.8% in the fourth quarter. Dakota Wealth Management now owns 23,550 shares of the company's stock worth $237,000 after acquiring an additional 2,850 shares in the last quarter. ATW Spac Management LLC bought a new stake in shares of Launch One Acquisition in the fourth quarter worth about $248,000. Finally, Boothbay Fund Management LLC bought a new stake in shares of Launch One Acquisition in the fourth quarter worth about $248,000.

Launch One Acquisition Stock Up 0.1 %

Shares of Launch One Acquisition stock traded up $0.01 during trading hours on Wednesday, hitting $10.29. The company's stock had a trading volume of 3,489 shares, compared to its average volume of 70,947. Launch One Acquisition Corp. has a 12 month low of $9.66 and a 12 month high of $10.70. The stock has a 50 day moving average of $10.20 and a 200 day moving average of $10.09.

Launch One Acquisition Company Profile

(Free Report)

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.

Further Reading

Institutional Ownership by Quarter for Launch One Acquisition (NASDAQ:LPAA)

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