Mizuho Securities USA LLC Increases Stock Holdings in Oak Woods Acquisition Co. (NASDAQ:OAKU)

Mizuho Securities USA LLC increased its holdings in Oak Woods Acquisition Co. (NASDAQ:OAKU - Free Report) by 151.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 487,212 shares of the company's stock after buying an additional 293,106 shares during the quarter. Mizuho Securities USA LLC owned 6.47% of Oak Woods Acquisition worth $5,393,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. K2 Principal Fund L.P. bought a new position in shares of Oak Woods Acquisition in the second quarter worth approximately $219,000. Quarry LP bought a new position in Oak Woods Acquisition in the 2nd quarter worth $401,000. Wolverine Asset Management LLC increased its stake in Oak Woods Acquisition by 15.3% in the 2nd quarter. Wolverine Asset Management LLC now owns 218,659 shares of the company's stock worth $2,379,000 after buying an additional 29,000 shares in the last quarter. Shaolin Capital Management LLC raised its holdings in Oak Woods Acquisition by 113.7% during the second quarter. Shaolin Capital Management LLC now owns 350,000 shares of the company's stock valued at $3,808,000 after acquiring an additional 186,200 shares during the period. Finally, Berkley W R Corp lifted its position in shares of Oak Woods Acquisition by 61.3% in the first quarter. Berkley W R Corp now owns 467,580 shares of the company's stock valued at $5,012,000 after acquiring an additional 177,712 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors.

Oak Woods Acquisition Stock Performance

Shares of NASDAQ:OAKU remained flat at $11.36 during trading on Friday. The company had a trading volume of 21 shares, compared to its average volume of 2,004. The firm has a 50-day moving average of $11.17 and a 200-day moving average of $10.99. Oak Woods Acquisition Co. has a 12-month low of $10.48 and a 12-month high of $11.36.

Insiders Place Their Bets

In other news, major shareholder Mizuho Securities Usa Llc sold 74,000 shares of Oak Woods Acquisition stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $11.18, for a total value of $827,320.00. Following the sale, the insider now directly owns 413,394 shares of the company's stock, valued at approximately $4,621,744.92. The trade was a 15.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.00% of the stock is currently owned by corporate insiders.

Oak Woods Acquisition Company Profile

Oak Woods Acquisition Corporation does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses. The company intends to focus on businesses that operate in the public and private healthcare, medical services, and technology-enabled healthcare services sectors, as well as enterprise services, artificial intelligence, culture and media, computer and internet technologies, new consumer brands, blockchain, and other areas in the Asia-pacific region.