Sculptor Capital LP Has $10 Million Position in Intelligent Medicine Acquisition Corp. (NASDAQ:IQMD)

Sculptor Capital LP raised its position in Intelligent Medicine Acquisition Corp. (NASDAQ:IQMDGet Rating) by 100.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,000,000 shares of the company’s stock after acquiring an additional 500,000 shares during the quarter. Sculptor Capital LP owned approximately 3.53% of Intelligent Medicine Acquisition worth $10,000,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Walleye Capital LLC bought a new position in Intelligent Medicine Acquisition during the first quarter worth about $1,130,000. Walleye Trading LLC acquired a new stake in Intelligent Medicine Acquisition during the 1st quarter worth approximately $630,000. Glazer Capital LLC acquired a new stake in Intelligent Medicine Acquisition during the 1st quarter worth approximately $311,000. Goldman Sachs Group Inc. bought a new position in Intelligent Medicine Acquisition during the 1st quarter worth approximately $2,021,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in Intelligent Medicine Acquisition during the 1st quarter worth approximately $2,500,000. 55.04% of the stock is owned by institutional investors.

Intelligent Medicine Acquisition Stock Performance

Intelligent Medicine Acquisition stock opened at $10.04 on Thursday. The firm has a 50 day moving average price of $10.04 and a two-hundred day moving average price of $10.01. Intelligent Medicine Acquisition Corp. has a 52-week low of $9.86 and a 52-week high of $10.93.

About Intelligent Medicine Acquisition

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Intelligent Medicine Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of life science.

See Also

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Institutional Ownership by Quarter for Intelligent Medicine Acquisition (NASDAQ:IQMD)

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