DLD Asset Management LP purchased a new position in shares of Global Lights Acquisition Corp (NASDAQ:GLAC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 150,000 shares of the company's stock, valued at approximately $1,599,000. DLD Asset Management LP owned about 1.85% of Global Lights Acquisition at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Mizuho Securities USA LLC bought a new position in shares of Global Lights Acquisition during the fourth quarter worth approximately $7,271,000. Wolverine Asset Management LLC lifted its position in shares of Global Lights Acquisition by 6,880.6% during the 4th quarter. Wolverine Asset Management LLC now owns 493,810 shares of the company's stock valued at $5,264,000 after acquiring an additional 486,736 shares during the period. Polar Asset Management Partners Inc. increased its position in shares of Global Lights Acquisition by 60.0% in the third quarter. Polar Asset Management Partners Inc. now owns 800,000 shares of the company's stock worth $8,376,000 after purchasing an additional 300,000 shares during the period. Rivernorth Capital Management LLC bought a new stake in Global Lights Acquisition during the third quarter worth about $3,105,000. Finally, Walleye Capital LLC acquired a new stake in Global Lights Acquisition during the third quarter worth about $669,000. 83.41% of the stock is currently owned by institutional investors.
Global Lights Acquisition Price Performance
Shares of NASDAQ:GLAC traded down $0.02 during midday trading on Friday, hitting $10.82. The stock had a trading volume of 68,598 shares, compared to its average volume of 44,374. The company's 50-day moving average price is $10.79 and its 200-day moving average price is $10.66. Global Lights Acquisition Corp has a fifty-two week low of $10.19 and a fifty-two week high of $10.95.
Global Lights Acquisition Profile
(
Free Report)
Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.
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