Wolverine Asset Management LLC bought a new stake in shares of Spark I Acquisition Co. (NASDAQ:SPKL - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 398,294 shares of the company's stock, valued at approximately $4,177,000. Wolverine Asset Management LLC owned about 2.43% of Spark I Acquisition at the end of the most recent reporting period.
Separately, Periscope Capital Inc. bought a new position in Spark I Acquisition during the 1st quarter worth $4,280,000. 34.90% of the stock is currently owned by institutional investors and hedge funds.
Spark I Acquisition Stock Performance
SPKL stock traded up $0.01 during mid-day trading on Monday, reaching $10.54. The company had a trading volume of 25,880 shares, compared to its average volume of 30,965. The stock's 50-day simple moving average is $10.51 and its two-hundred day simple moving average is $10.42. Spark I Acquisition Co. has a one year low of $10.07 and a one year high of $11.57.
About Spark I Acquisition
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Free Report)
Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.
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