DLD Asset Management LP Purchases New Stake in Lightwave Acquisition Corp. $LWACU

DLD Asset Management LP purchased a new position in shares of Lightwave Acquisition Corp. (NASDAQ:LWACU) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 100,000 shares of the company’s stock, valued at approximately $1,006,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Wolverine Asset Management LLC bought a new stake in shares of Lightwave Acquisition in the 2nd quarter valued at about $503,000. MMCAP International Inc. SPC acquired a new stake in shares of Lightwave Acquisition in the second quarter valued at approximately $2,515,000. BCK Capital Management LP acquired a new stake in shares of Lightwave Acquisition in the second quarter valued at about $528,000. Calamos Advisors LLC bought a new stake in Lightwave Acquisition during the second quarter worth $1,238,000. Finally, Alberta Investment Management Corp acquired a new position in Lightwave Acquisition during the second quarter worth approximately $7,538,000.

Lightwave Acquisition Trading Down 0.4%

LWACU opened at $10.20 on Thursday. Lightwave Acquisition Corp. has a 1-year low of $10.00 and a 1-year high of $10.50. The firm has a fifty day simple moving average of $10.13.

Lightwave Acquisition Company Profile

We are a blank check company incorporated on January 22, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.