Wolverine Asset Management LLC increased its holdings in Global Lights Acquisition Corp (NASDAQ:GLAC - Free Report) by 6,880.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 493,810 shares of the company's stock after buying an additional 486,736 shares during the quarter. Wolverine Asset Management LLC owned about 6.08% of Global Lights Acquisition worth $5,264,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. K2 Principal Fund L.P. bought a new position in Global Lights Acquisition in the 3rd quarter worth approximately $113,000. Walleye Trading LLC acquired a new stake in Global Lights Acquisition in the third quarter worth approximately $377,000. Walleye Capital LLC acquired a new stake in Global Lights Acquisition in the third quarter worth approximately $669,000. Berkley W R Corp acquired a new stake in Global Lights Acquisition in the third quarter worth approximately $1,040,000. Finally, Shaolin Capital Management LLC lifted its position in Global Lights Acquisition by 6.2% in the third quarter. Shaolin Capital Management LLC now owns 217,504 shares of the company's stock worth $2,277,000 after purchasing an additional 12,712 shares during the period. 83.41% of the stock is owned by institutional investors.
Global Lights Acquisition Stock Performance
GLAC traded down $0.02 during trading on Friday, reaching $10.78. The stock had a trading volume of 612 shares, compared to its average volume of 1,866. Global Lights Acquisition Corp has a 1-year low of $10.15 and a 1-year high of $10.95. The stock has a 50 day moving average of $10.70 and a two-hundred day moving average of $10.58.
Global Lights Acquisition Profile
(
Free Report)
Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.
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