Verition Fund Management LLC Invests $2.52 Million in Spindletop Health Acquisition Corp. (NASDAQ:SHCA)

Verition Fund Management LLC purchased a new stake in Spindletop Health Acquisition Corp. (NASDAQ:SHCAGet Rating) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 250,600 shares of the company’s stock, valued at approximately $2,519,000. Verition Fund Management LLC owned approximately 1.24% of Spindletop Health Acquisition as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SHCA. Saba Capital Management L.P. bought a new stake in Spindletop Health Acquisition in the fourth quarter valued at $15,944,000. Progeny 3 Inc. bought a new stake in shares of Spindletop Health Acquisition during the 1st quarter valued at $14,940,000. Taconic Capital Advisors LP purchased a new position in shares of Spindletop Health Acquisition in the 1st quarter worth about $8,042,000. Starboard Value LP purchased a new position in Spindletop Health Acquisition in the 4th quarter worth about $6,945,000. Finally, Beryl Capital Management LLC purchased a new position in Spindletop Health Acquisition in the 4th quarter worth about $7,020,000. Institutional investors own 97.03% of the company’s stock.

Spindletop Health Acquisition Stock Performance

Spindletop Health Acquisition stock opened at $10.02 on Friday. The business has a 50-day simple moving average of $10.03 and a two-hundred day simple moving average of $10.00. Spindletop Health Acquisition Corp. has a 52-week low of $9.55 and a 52-week high of $10.87.

Spindletop Health Acquisition Company Profile

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Spindletop Health Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the healthcare services industry sector. The company was incorporated in 2021 and is based in Austin, Texas.

See Also

Institutional Ownership by Quarter for Spindletop Health Acquisition (NASDAQ:SHCA)

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