Whitebox Advisors LLC acquired a new stake in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 250,000 shares of the company's stock, valued at approximately $2,512,000. Whitebox Advisors LLC owned about 0.87% of Launch One Acquisition at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Virtu Financial LLC acquired a new position in shares of Launch One Acquisition during the third quarter worth $270,000. Tuttle Capital Management LLC bought a new position in shares of Launch One Acquisition in the 4th quarter worth $402,000. Dakota Wealth Management increased its position in shares of Launch One Acquisition by 13.8% during 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. Robinson Capital Management LLC increased its holdings in Launch One Acquisition by 12,420.4% in the 4th quarter. Robinson Capital Management LLC now owns 31,301 shares of the company's stock worth $314,000 after acquiring an additional 31,051 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in Launch One Acquisition by 2,740.2% during the 4th quarter. Wolverine Asset Management LLC now owns 510,891 shares of the company's stock worth $5,134,000 after purchasing an additional 492,903 shares in the last quarter.
Launch One Acquisition Stock Up 3.2 %
Shares of Launch One Acquisition stock traded up $0.33 on Tuesday, hitting $10.61. The stock had a trading volume of 600 shares, compared to its average volume of 72,576. Launch One Acquisition Corp. has a one year low of $9.66 and a one year high of $10.70. The stock's 50-day simple moving average is $10.21 and its two-hundred day simple moving average is $10.10.
About Launch One Acquisition
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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.
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