152,424 Shares in Target Global Acquisition I Corp. (NASDAQ:TGAA) Acquired by K2 Principal Fund L.P.

K2 Principal Fund L.P. acquired a new position in shares of Target Global Acquisition I Corp. (NASDAQ:TGAA - Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 152,424 shares of the company's stock, valued at approximately $1,716,000. K2 Principal Fund L.P. owned 1.64% of Target Global Acquisition I at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TGAA. Polar Asset Management Partners Inc. acquired a new stake in Target Global Acquisition I during the third quarter valued at $2,541,000. Walleye Capital LLC grew its position in shares of Target Global Acquisition I by 3.7% during the 3rd quarter. Walleye Capital LLC now owns 33,920 shares of the company's stock valued at $382,000 after acquiring an additional 1,216 shares during the period. Finally, Wolverine Asset Management LLC grew its position in shares of Target Global Acquisition I by 4,457.1% during the 3rd quarter. Wolverine Asset Management LLC now owns 35,910 shares of the company's stock valued at $404,000 after acquiring an additional 35,122 shares during the period. 92.13% of the stock is owned by hedge funds and other institutional investors.

Target Global Acquisition I Stock Performance

TGAA remained flat at $11.35 during trading on Friday. The company's stock had a trading volume of 164,373 shares, compared to its average volume of 8,141. The business's fifty day moving average price is $11.29 and its two-hundred day moving average price is $11.31. Target Global Acquisition I Corp. has a one year low of $10.98 and a one year high of $12.00.

Target Global Acquisition I Company Profile

Target Global Acquisition I 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. It intends to focus on companies operating in the consumer internet, mobility, and financial technology sectors.