Shaolin Capital Management LLC acquired a new position in shares of Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 350,000 shares of the company's stock, valued at approximately $3,492,000. Shaolin Capital Management LLC owned 1.22% of Launch One Acquisition at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Launch One Acquisition during the third quarter worth $8,475,000. Verition Fund Management LLC purchased a new stake in shares of Launch One Acquisition during the third quarter worth $2,492,000. Berkley W R Corp purchased a new stake in shares of Launch One Acquisition during the third quarter worth $2,479,000. Parallax Volatility Advisers L.P. purchased a new stake in shares of Launch One Acquisition during the third quarter worth $1,713,000. Finally, Deltec Asset Management LLC purchased a new position in Launch One Acquisition in the third quarter valued at $1,497,000.
Launch One Acquisition Price Performance
NASDAQ:LPAA traded up $0.01 during trading hours on Wednesday, hitting $10.03. The company's stock had a trading volume of 105,542 shares, compared to its average volume of 113,804. The company has a fifty day simple moving average of $9.99. Launch One Acquisition Corp. has a 52-week low of $9.66 and a 52-week high of $10.03.
Launch One Acquisition Company Profile
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Free Report)
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.
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