Highbridge Capital Management LLC purchased a new stake in Cayson Acquisition Corp (NASDAQ:CAPN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 200,000 shares of the company's stock, valued at approximately $2,020,000. Highbridge Capital Management LLC owned about 2.55% of Cayson Acquisition at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Mizuho Securities USA LLC bought a new position in Cayson Acquisition during the fourth quarter worth about $6,456,000. Wolverine Asset Management LLC acquired a new stake in shares of Cayson Acquisition during the fourth quarter worth about $4,057,000. Schechter Investment Advisors LLC bought a new position in shares of Cayson Acquisition during the 4th quarter valued at about $1,298,000. Wealthspring Capital LLC acquired a new position in shares of Cayson Acquisition in the 4th quarter valued at approximately $737,000. Finally, PNC Financial Services Group Inc. bought a new stake in Cayson Acquisition during the 4th quarter worth approximately $606,000.
Cayson Acquisition Stock Performance
CAPN stock traded up $0.04 during mid-day trading on Monday, hitting $10.20. 1,871 shares of the company were exchanged, compared to its average volume of 38,461. Cayson Acquisition Corp has a 1-year low of $9.95 and a 1-year high of $10.47. The business has a 50 day simple moving average of $10.11.
Cayson Acquisition Company Profile
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Free Report)
Cayson Acquisition Corp is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Cayson Acquisition Corp is based in NEW YORK.
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