DLD Asset Management LP Acquires New Holdings in Global Lights Acquisition Corp (NASDAQ:GLAC)

DLD Asset Management LP bought a new position in shares of Global Lights Acquisition Corp (NASDAQ:GLAC) during the fourth quarter, Holdings Channel reports. The fund bought 150,000 shares of the company’s stock, valued at approximately $1,599,000.

A number of other institutional investors have also recently added to or reduced their stakes in GLAC. Walleye Capital LLC acquired a new position in shares of Global Lights Acquisition during the third quarter worth $669,000. Walleye Trading LLC bought a new position in Global Lights Acquisition during the 3rd quarter worth $377,000. Polar Asset Management Partners Inc. lifted its holdings in Global Lights Acquisition by 60.0% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 800,000 shares of the company’s stock worth $8,376,000 after buying an additional 300,000 shares during the period. K2 Principal Fund L.P. bought a new stake in shares of Global Lights Acquisition in the 3rd quarter valued at about $113,000. Finally, Shaolin Capital Management LLC increased its stake in shares of Global Lights Acquisition by 6.2% in the third quarter. Shaolin Capital Management LLC now owns 217,504 shares of the company’s stock valued at $2,277,000 after buying an additional 12,712 shares during the period. 83.41% of the stock is owned by institutional investors.

Global Lights Acquisition Stock Up 0.1 %

Global Lights Acquisition stock opened at $10.83 on Wednesday. The stock’s 50 day moving average is $10.78 and its 200 day moving average is $10.65. Global Lights Acquisition Corp has a one year low of $10.18 and a one year high of $10.95.

Global Lights Acquisition Profile

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.