Berenson Acquisition Corp. I (NYSE:BACA) Shares Sold by Fir Tree Capital Management LP

Fir Tree Capital Management LP trimmed its position in Berenson Acquisition Corp. I (NYSE:BACAGet Rating) by 18.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 544,549 shares of the company’s stock after selling 122,271 shares during the period. Fir Tree Capital Management LP’s holdings in Berenson Acquisition Corp. I were worth $5,309,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of BACA. Basso Capital Management L.P. raised its holdings in shares of Berenson Acquisition Corp. I by 142.1% in the first quarter. Basso Capital Management L.P. now owns 60,532 shares of the company’s stock worth $590,000 after buying an additional 35,532 shares during the last quarter. Toronto Dominion Bank purchased a new position in shares of Berenson Acquisition Corp. I in the first quarter worth $513,000. Bank of Montreal Can purchased a new position in shares of Berenson Acquisition Corp. I in the fourth quarter worth $972,000. Saba Capital Management L.P. raised its holdings in shares of Berenson Acquisition Corp. I by 245.0% in the fourth quarter. Saba Capital Management L.P. now owns 689,908 shares of the company’s stock worth $6,671,000 after buying an additional 489,908 shares during the last quarter. Finally, Hsbc Holdings PLC purchased a new position in shares of Berenson Acquisition Corp. I in the first quarter worth $7,974,000. 77.35% of the stock is currently owned by institutional investors and hedge funds.

Berenson Acquisition Corp. I Stock Down 0.1 %

NYSE BACA opened at $9.82 on Tuesday. The company has a fifty day simple moving average of $9.81 and a two-hundred day simple moving average of $9.77. Berenson Acquisition Corp. I has a 12-month low of $9.65 and a 12-month high of $9.86.

About Berenson Acquisition Corp. I

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Berenson Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses its search on a target business that operate in the software and technology-enabled services industry.

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Institutional Ownership by Quarter for Berenson Acquisition Corp. I (NYSE:BACA)

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