Shaolin Capital Management LLC Sells 54,475 Shares of AlphaTime Acquisition Corp (NASDAQ:ATMC)

Shaolin Capital Management LLC reduced its position in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC - Free Report) by 30.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,002 shares of the company's stock after selling 54,475 shares during the period. Shaolin Capital Management LLC owned about 1.82% of AlphaTime Acquisition worth $1,400,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Berkley W R Corp boosted its position in AlphaTime Acquisition by 93.5% during the second quarter. Berkley W R Corp now owns 325,793 shares of the company's stock valued at $3,607,000 after purchasing an additional 157,436 shares during the last quarter. Wolverine Asset Management LLC boosted its position in AlphaTime Acquisition by 41.9% during the second quarter. Wolverine Asset Management LLC now owns 437,933 shares of the company's stock valued at $4,848,000 after purchasing an additional 129,335 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its position in AlphaTime Acquisition by 64.8% during the third quarter. Mizuho Securities USA LLC now owns 505,896 shares of the company's stock valued at $5,656,000 after purchasing an additional 198,896 shares during the last quarter. 82.24% of the stock is owned by institutional investors and hedge funds.

AlphaTime Acquisition Stock Performance

NASDAQ ATMC traded up $0.02 during trading hours on Wednesday, hitting $11.38. 71,204 shares of the company traded hands, compared to its average volume of 23,145. The business's 50-day moving average is $11.28 and its 200-day moving average is $11.18. AlphaTime Acquisition Corp has a twelve month low of $10.72 and a twelve month high of $11.86.

AlphaTime Acquisition Profile

AlphaTime Acquisition Corp 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. The company was incorporated in 2021 and is based in New York, New York.