Shaolin Capital Management LLC Invests $10 Million in Skydeck Acquisition Corp. (NASDAQ:SKYAU)

Shaolin Capital Management LLC bought a new position in shares of Skydeck Acquisition Corp. (NASDAQ:SKYAU) during the second quarter, HoldingsChannel reports. The fund bought 1,000,000 shares of the company’s stock, valued at approximately $10,000,000.

Several other institutional investors and hedge funds have also made changes to their positions in SKYAU. Glazer Capital LLC purchased a new position in Skydeck Acquisition in the 2nd quarter valued at $3,197,000. PEAK6 Investments LLC purchased a new position in Skydeck Acquisition in the 2nd quarter valued at $5,000,000. Spring Creek Capital LLC purchased a new position in Skydeck Acquisition in the 2nd quarter valued at $1,000,000. Finepoint Capital LP purchased a new position in Skydeck Acquisition in the 2nd quarter valued at $10,853,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in Skydeck Acquisition in the 2nd quarter valued at $625,000.

NASDAQ:SKYAU traded up $0.07 during midday trading on Thursday, reaching $9.95. The stock had a trading volume of 150,800 shares, compared to its average volume of 83,327. The business’s fifty day simple moving average is $9.91. Skydeck Acquisition Corp. has a 12-month low of $9.84 and a 12-month high of $10.14.

About Skydeck Acquisition

Skydeck Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Providence, Rhode Island.

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Institutional Ownership by Quarter for Skydeck Acquisition (NASDAQ:SKYAU)

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