Berkley W R Corp Acquires Shares of 199,160 Melar Acquisition Corp. I (NASDAQ:MACI)

Berkley W R Corp purchased a new stake in shares of Melar Acquisition Corp. I (NASDAQ:MACI - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 199,160 shares of the company's stock, valued at approximately $1,991,000. Berkley W R Corp owned about 0.98% of Melar Acquisition Corp. I as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Dakota Wealth Management bought a new position in shares of Melar Acquisition Corp. I in the 3rd quarter valued at about $390,000. Deltec Asset Management LLC acquired a new stake in Melar Acquisition Corp. I in the 3rd quarter valued at about $1,000,000. Wolverine Asset Management LLC acquired a new stake in Melar Acquisition Corp. I in the 3rd quarter valued at about $1,034,000. ATW Spac Management LLC bought a new position in Melar Acquisition Corp. I during the third quarter worth about $1,059,000. Finally, Wealthspring Capital LLC acquired a new position in Melar Acquisition Corp. I during the third quarter worth approximately $1,847,000.

Melar Acquisition Corp. I Stock Down 0.2 %

Shares of MACI traded down $0.02 during mid-day trading on Friday, reaching $10.04. The company's stock had a trading volume of 300 shares, compared to its average volume of 20,083. Melar Acquisition Corp. I has a 1-year low of $9.95 and a 1-year high of $10.07. The business's 50-day moving average price is $10.01.

About Melar Acquisition Corp. I

Melar Acquisition Corp. I 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. Melar Acquisition Corp. I is based in NEW YORK.