Fir Tree Capital Management LP purchased a new stake in VMG Consumer Acquisition Corp. (NASDAQ:VMGA – Get Rating) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 425,000 shares of the company’s stock, valued at approximately $4,212,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Omni Event Management Ltd acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $668,000. Apollo Management Holdings L.P. acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,212,000. Liberty Mutual Group Asset Management Inc. acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,955,000. MMCAP International Inc. SPC acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,212,000. Finally, Governors Lane LP acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,955,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.
VMG Consumer Acquisition Stock Performance
Shares of VMGA stock opened at $9.93 on Tuesday. VMG Consumer Acquisition Corp. has a 1 year low of $9.82 and a 1 year high of $10.29. The firm’s fifty day moving average price is $9.97 and its two-hundred day moving average price is $9.94.
VMG Consumer Acquisition Company Profile
VMG Consumer Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring consumer and retail companies across a range of industry verticals, such as food and beverage, beauty and personal care, health and wellness, pet products and services, household products, and multi-unit retailers/services, as well as apparel, footwear, and accessories.
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