Shaolin Capital Management LLC bought a new position in Act II Global Acquisition Corp. (OTCMKTS:ACTTU) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 400,000 shares of the company’s stock, valued at approximately $4,048,000.
Other institutional investors have also bought and sold shares of the company. Monashee Investment Management LLC acquired a new position in shares of Act II Global Acquisition during the 2nd quarter worth about $1,012,000. Vertex One Asset Management Inc. bought a new position in Act II Global Acquisition in the 2nd quarter valued at about $2,024,000. Myriad Asset Management Ltd. bought a new position in Act II Global Acquisition in the 2nd quarter valued at about $3,036,000. Finally, Periscope Capital Inc. bought a new position in Act II Global Acquisition in the 2nd quarter valued at about $3,556,000.
Shares of ACTTU traded down $0.02 during mid-day trading on Friday, hitting $10.31. 100 shares of the company’s stock were exchanged, compared to its average volume of 44,830. The stock has a 50-day moving average of $10.25. Act II Global Acquisition Corp. has a 52 week low of $10.00 and a 52 week high of $10.35.
Act II Global Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in consumer packaged goods and other consumables, and hospitality businesses. The company was incorporated in 2018 and is based in New York, New York.
Recommended Story: Technical Analysis of Stocks and What It Means
Want to see what other hedge funds are holding ACTTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Act II Global Acquisition Corp. (OTCMKTS:ACTTU).
Receive News & Ratings for Act II Global Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Act II Global Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.