Kryger Capital LLC bought a new stake in shares of LF Capital Acquisition Corp. II (OTCMKTS:LFACU – Free Report) in the 1st quarter, HoldingsChannel reports. The fund bought 332,310 shares of the company’s stock, valued at approximately $3,340,000.
LF Capital Acquisition Corp. II Stock Performance
LF Capital Acquisition Corp. II stock opened at $10.14 on Friday. LF Capital Acquisition Corp. II has a 1 year low of $9.99 and a 1 year high of $10.49. The firm’s 50-day moving average is $10.10 and its 200-day moving average is $10.07.
LF Capital Acquisition Corp. II Profile
LF Capital Acquisition Corp. II is a Delaware?incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of acquiring or merging with one or more operating businesses. The company’s units, which trade under the symbol LFACU on the OTC Markets, consist of common shares and warrants. Proceeds from the offering are held in a trust account until a qualifying business combination is announced and approved by shareholders.
The sponsorship and management team brings experience in corporate finance, private equity and strategic advisory to the SPAC structure.
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