Berkley W R Corp Invests $1.20 Million in Blue Ocean Acquisition Corp. (NASDAQ:BOCN)

Berkley W R Corp acquired a new stake in Blue Ocean Acquisition Corp. (NASDAQ:BOCN - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 105,547 shares of the company's stock, valued at approximately $1,196,000. Berkley W R Corp owned 1.60% of Blue Ocean Acquisition at the end of the most recent quarter.

Separately, Wolverine Asset Management LLC boosted its holdings in Blue Ocean Acquisition by 1,183.9% in the 2nd quarter. Wolverine Asset Management LLC now owns 185,657 shares of the company's stock valued at $2,072,000 after purchasing an additional 171,197 shares during the period.

Blue Ocean Acquisition Trading Down 14.8 %

Shares of Blue Ocean Acquisition stock traded down $2.04 during trading on Friday, hitting $11.71. The stock had a trading volume of 15,453 shares, compared to its average volume of 13,527. Blue Ocean Acquisition Corp. has a 12 month low of $10.74 and a 12 month high of $13.75. The business's 50-day moving average is $11.55 and its 200 day moving average is $11.35.

Blue Ocean Acquisition Profile

Blue Ocean Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus within the consumer Internet sector in segments, such as online marketplaces, education and advertising technology, and direct-to-consumer e-commerce businesses in Asia, Latin America, and North America.