Periscope Capital Inc. acquired a new position in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 200,000 shares of the company's stock, valued at approximately $2,010,000. Launch One Acquisition accounts for approximately 1.2% of Periscope Capital Inc.'s investment portfolio, making the stock its 28th biggest holding. Periscope Capital Inc. owned about 0.70% of Launch One Acquisition at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Dakota Wealth Management grew its stake in shares of Launch One Acquisition by 13.8% in the 4th quarter. Dakota Wealth Management now owns 23,550 shares of the company's stock worth $237,000 after buying an additional 2,850 shares during the last quarter. Virtu Financial LLC bought a new stake in Launch One Acquisition in the third quarter worth $270,000. Robinson Capital Management LLC grew its stake in shares of Launch One Acquisition by 12,420.4% in the fourth 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. Tuttle Capital Management LLC bought a new position in shares of Launch One Acquisition during the fourth quarter valued at $402,000. Finally, Wealthspring Capital LLC raised its position in shares of Launch One Acquisition by 4.3% in the 4th quarter. Wealthspring Capital LLC now owns 121,560 shares of the company's stock worth $1,222,000 after purchasing an additional 5,040 shares during the last quarter.
Launch One Acquisition Stock Performance
LPAA stock traded up $0.00 during trading on Friday, hitting $10.20. 100 shares of the stock traded hands, compared to its average volume of 78,166. Launch One Acquisition Corp. has a 1 year low of $9.66 and a 1 year high of $10.20. The stock has a 50 day simple moving average of $10.13.
Launch One Acquisition Company Profile
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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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