Wealthspring Capital LLC bought a new stake in Starboard Value Acquisition Corp. (NASDAQ:SVAC – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 401,935 shares of the company’s stock, valued at approximately $4,080,000.
Separately, Gritstone Asset Management LLC purchased a new stake in shares of Starboard Value Acquisition in the fourth quarter valued at about $1,015,000.
Starboard Value Acquisition Stock Up 0.4%
Shares of NASDAQ:SVAC opened at $10.45 on Thursday. The company has a 50-day simple moving average of $10.28 and a 200-day simple moving average of $10.37. Starboard Value Acquisition Corp. has a one year low of $10.03 and a one year high of $12.00.
Starboard Value Acquisition Company Profile
Starboard Value Acquisition Corp., a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in New York, New York.
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Want to see what other hedge funds are holding SVAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starboard Value Acquisition Corp. (NASDAQ:SVAC – Free Report).
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