Harraden Circle Investments LLC Makes New $2.67 Million Investment in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE)

Harraden Circle Investments LLC purchased a new stake in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 217,045 shares of the company’s stock, valued at approximately $2,674,000. Technology & Telecommunication Acquisition accounts for about 2.4% of Harraden Circle Investments LLC’s holdings, making the stock its 13th largest position.

Separately, Wolverine Asset Management LLC raised its stake in shares of Technology & Telecommunication Acquisition by 11.2% in the 4th quarter. Wolverine Asset Management LLC now owns 248,207 shares of the company’s stock valued at $3,058,000 after acquiring an additional 24,986 shares during the period. Institutional investors and hedge funds own 45.39% of the company’s stock.

Technology & Telecommunication Acquisition Stock Up 2.4 %

NASDAQ:TETE opened at $12.41 on Friday. Technology & Telecommunication Acquisition Co. has a fifty-two week low of $11.49 and a fifty-two week high of $14.45. The company has a 50 day moving average price of $12.40 and a 200 day moving average price of $12.31.

About Technology & Telecommunication Acquisition

Technology & Telecommunication Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company was founded on November 8, 2021 and is headquartered in Kuala Lumpur, Malaysia.