Robinson Capital Management LLC Acquires 31,051 Shares of Launch One Acquisition Corp. (NASDAQ:LPAA)

Robinson Capital Management LLC grew its holdings in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) by 12,420.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,301 shares of the company's stock after buying an additional 31,051 shares during the quarter. Robinson Capital Management LLC owned approximately 0.11% of Launch One Acquisition worth $314,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wolverine Asset Management LLC acquired a new stake in shares of Launch One Acquisition in the third quarter valued at $179,000. Dakota Wealth Management bought a new position in Launch One Acquisition in the third quarter valued at about $207,000. Virtu Financial LLC bought a new position in Launch One Acquisition in the third quarter valued at about $270,000. Tuttle Capital Management LLC bought a new position in Launch One Acquisition in the fourth quarter valued at about $402,000. Finally, Deltec Asset Management LLC bought a new position in Launch One Acquisition in the third quarter valued at about $1,497,000.

Launch One Acquisition Stock Up 0.1 %

Launch One Acquisition stock traded up $0.01 during mid-day trading on Friday, hitting $10.14. The stock had a trading volume of 1,124 shares, compared to its average volume of 36,826. The firm's 50-day moving average is $10.07. Launch One Acquisition Corp. has a 12 month low of $9.66 and a 12 month high of $10.14.

Launch One Acquisition Profile

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.