Wolverine Asset Management LLC Sells 233,010 Shares of AlphaTime Acquisition Corp (NASDAQ:ATMC)

Wolverine Asset Management LLC decreased its holdings in AlphaTime Acquisition Corp (NASDAQ:ATMC - Free Report) by 53.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 200,000 shares of the company's stock after selling 233,010 shares during the period. Wolverine Asset Management LLC owned approximately 2.91% of AlphaTime Acquisition worth $2,270,000 as of its most recent SEC filing.

Separately, Mizuho Securities USA LLC raised its holdings in AlphaTime Acquisition by 64.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 505,896 shares of the company's stock valued at $5,656,000 after buying an additional 198,896 shares during the last quarter. 82.24% of the stock is currently owned by institutional investors.

AlphaTime Acquisition Trading Up 0.3 %

NASDAQ:ATMC traded up $0.03 during midday trading on Friday, reaching $11.51. 1,025 shares of the stock traded hands, compared to its average volume of 1,516. The company has a fifty day moving average of $11.41 and a 200 day moving average of $11.30. AlphaTime Acquisition Corp has a 12 month low of $10.84 and a 12 month high of $11.86.

About AlphaTime Acquisition

AlphaTime Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.