Polar Asset Management Partners Inc. Acquires New Position in Perception Capital Corp. III (NASDAQ:PFTA)

Polar Asset Management Partners Inc. acquired a new stake in Perception Capital Corp. III (NASDAQ:PFTA - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 200,000 shares of the company's stock, valued at approximately $2,234,000. Polar Asset Management Partners Inc. owned 2.47% of Perception Capital Corp. III as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Clear Street LLC lifted its position in shares of Perception Capital Corp. III by 10,381.9% during the 2nd quarter. Clear Street LLC now owns 34,800 shares of the company's stock valued at $378,000 after acquiring an additional 34,468 shares during the period. Berkley W R Corp increased its stake in Perception Capital Corp. III by 31.7% in the 2nd quarter. Berkley W R Corp now owns 341,197 shares of the company's stock valued at $3,705,000 after purchasing an additional 82,154 shares in the last quarter. Logan Stone Capital LLC acquired a new position in Perception Capital Corp. III during the second quarter worth $1,825,000. Quarry LP purchased a new stake in Perception Capital Corp. III during the second quarter worth $1,086,000. Finally, ATW Spac Management LLC acquired a new stake in Perception Capital Corp. III in the third quarter valued at $1,622,000. Hedge funds and other institutional investors own 26.89% of the company's stock.

Perception Capital Corp. III Trading Down 0.7 %

Shares of NASDAQ:PFTA traded down $0.08 during midday trading on Friday, hitting $10.76. 6,224 shares of the stock were exchanged, compared to its average volume of 20,209. Perception Capital Corp. III has a twelve month low of $10.33 and a twelve month high of $12.96. The company has a 50 day moving average price of $10.94 and a 200-day moving average price of $10.93.

Perception Capital Corp. III Company Profile

Perception Capital Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was formerly known as Portage Fintech Acquisition Corporation and changed its name to Perception Capital Corp.