Berkley W R Corp Makes New $2.48 Million Investment in Launch One Acquisition Corp. (NASDAQ:LPAA)

Berkley W R Corp purchased a new stake in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 248,450 shares of the company's stock, valued at approximately $2,479,000. Berkley W R Corp owned about 0.86% of Launch One Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Launch One Acquisition during the 3rd quarter valued at about $8,475,000. Verition Fund Management LLC purchased a new stake in Launch One Acquisition in the third quarter valued at $2,492,000. Deltec Asset Management LLC acquired a new position in shares of Launch One Acquisition in the 3rd quarter valued at $1,497,000. Wealthspring Capital LLC purchased a new position in shares of Launch One Acquisition during the 3rd quarter worth $1,163,000. Finally, Dakota Wealth Management acquired a new stake in shares of Launch One Acquisition during the 3rd quarter worth about $207,000.

Launch One Acquisition Stock Performance

Shares of LPAA stock remained flat at $10.01 during trading hours on Friday. 1,052 shares of the stock traded hands, compared to its average volume of 95,279. Launch One Acquisition Corp. has a 52-week low of $9.66 and a 52-week high of $10.03. The firm's fifty day moving average is $9.98.

Launch One Acquisition Profile

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.