Verition Fund Management LLC Raises Stake in Kairos Acquisition Corp. (NASDAQ:KAIR)

Verition Fund Management LLC grew its stake in shares of Kairos Acquisition Corp. (NASDAQ:KAIRGet Rating) by 1.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 202,806 shares of the company’s stock after purchasing an additional 2,806 shares during the quarter. Verition Fund Management LLC owned approximately 0.59% of Kairos Acquisition worth $1,990,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Spartan Fund Management Inc. purchased a new stake in shares of Kairos Acquisition during the first quarter valued at $2,452,000. Robinson Capital Management LLC boosted its stake in shares of Kairos Acquisition by 47.3% during the first quarter. Robinson Capital Management LLC now owns 28,037 shares of the company’s stock valued at $275,000 after purchasing an additional 9,000 shares during the period. Glazer Capital LLC boosted its stake in shares of Kairos Acquisition by 79.2% during the first quarter. Glazer Capital LLC now owns 558,845 shares of the company’s stock valued at $5,482,000 after purchasing an additional 246,976 shares during the period. Radcliffe Capital Management L.P. raised its holdings in shares of Kairos Acquisition by 0.6% in the first quarter. Radcliffe Capital Management L.P. now owns 402,371 shares of the company’s stock valued at $3,947,000 after acquiring an additional 2,371 shares in the last quarter. Finally, Saba Capital Management L.P. raised its holdings in shares of Kairos Acquisition by 44.1% in the first quarter. Saba Capital Management L.P. now owns 285,880 shares of the company’s stock valued at $2,804,000 after acquiring an additional 87,458 shares in the last quarter. 71.97% of the stock is owned by hedge funds and other institutional investors.

Kairos Acquisition Stock Performance

KAIR stock opened at $9.94 on Monday. The business has a 50-day moving average price of $9.90 and a 200 day moving average price of $9.85. Kairos Acquisition Corp. has a 1-year low of $9.67 and a 1-year high of $9.94.

Kairos Acquisition Company Profile

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Kairos Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on the regulated insurance or reinsurance companies, distributors or technology, and insurance service providers that focus on specialty lines of business.

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Institutional Ownership by Quarter for Kairos Acquisition (NASDAQ:KAIR)

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