Shaolin Capital Management LLC decreased its holdings in Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Free Report) by 31.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,000 shares of the company's stock after selling 187,649 shares during the quarter. Shaolin Capital Management LLC owned about 1.28% of Inflection Point Acquisition Corp. II worth $4,300,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IPXX. Geode Capital Management LLC lifted its position in Inflection Point Acquisition Corp. II by 62.4% during the 3rd quarter. Geode Capital Management LLC now owns 24,962 shares of the company's stock worth $268,000 after acquiring an additional 9,596 shares during the period. Cowen AND Company LLC raised its stake in shares of Inflection Point Acquisition Corp. II by 55.2% during the 2nd quarter. Cowen AND Company LLC now owns 405,958 shares of the company's stock valued at $4,303,000 after buying an additional 144,367 shares during the last quarter. Wolverine Asset Management LLC raised its stake in shares of Inflection Point Acquisition Corp. II by 20,059.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company's stock valued at $4,906,000 after buying an additional 460,554 shares during the last quarter. Centiva Capital LP raised its stake in shares of Inflection Point Acquisition Corp. II by 153.9% during the 3rd quarter. Centiva Capital LP now owns 634,645 shares of the company's stock valued at $6,816,000 after buying an additional 384,645 shares during the last quarter. Finally, Berkley W R Corp raised its stake in shares of Inflection Point Acquisition Corp. II by 636.0% during the 2nd quarter. Berkley W R Corp now owns 1,095,681 shares of the company's stock valued at $11,614,000 after buying an additional 946,805 shares during the last quarter.
Inflection Point Acquisition Corp. II Stock Performance
Shares of NASDAQ IPXX traded down $0.22 during trading on Wednesday, reaching $13.64. 11,385 shares of the company traded hands, compared to its average volume of 137,683. The firm's fifty day simple moving average is $10.93 and its 200 day simple moving average is $10.75. Inflection Point Acquisition Corp. II has a 12-month low of $10.30 and a 12-month high of $15.18.
Inflection Point Acquisition Corp. II Company Profile
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Free Report)
Inflection Point Acquisition Corp. II 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 2023 and is based in New York, New York.
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