Radcliffe Capital Management L.P. Makes New Investment in Translational Development Acquisition Corp. (NASDAQ:TDACU)

Radcliffe Capital Management L.P. acquired a new stake in Translational Development Acquisition Corp. (NASDAQ:TDACU) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 119,539 shares of the company’s stock, valued at approximately $2,204,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Tuttle Capital Management LLC bought a new stake in shares of Translational Development Acquisition during the fourth quarter worth approximately $461,000. Wealthspring Capital LLC acquired a new position in Translational Development Acquisition in the 4th quarter valued at $1,095,000. Yakira Capital Management Inc. bought a new position in Translational Development Acquisition during the 4th quarter worth $1,106,000. Warberg Asset Management LLC acquired a new stake in shares of Translational Development Acquisition during the fourth quarter worth $1,373,000. Finally, Mizuho Securities USA LLC bought a new stake in shares of Translational Development Acquisition in the fourth quarter valued at about $2,305,000.

Translational Development Acquisition Stock Performance

NASDAQ:TDACU opened at $10.16 on Monday. Translational Development Acquisition Corp. has a 52 week low of $10.00 and a 52 week high of $10.30. The business’s 50-day simple moving average is $10.15.

Translational Development Acquisition Company Profile

Trident Acquisitions Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses primarily in the oil and gas or other natural resource sector.