Walleye Capital LLC purchased a new stake in Redwoods Acquisition Corp. (NASDAQ:RWODU – Get Rating) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 48,000 shares of the company’s stock, valued at approximately $481,000.
A number of other large investors also recently made changes to their positions in RWODU. Gabelli Funds LLC acquired a new position in shares of Redwoods Acquisition in the 1st quarter valued at $251,000. Spartan Fund Management Inc. acquired a new position in shares of Redwoods Acquisition in the 1st quarter valued at $502,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Redwoods Acquisition in the 1st quarter valued at $1,003,000. Finally, Spring Creek Capital LLC acquired a new position in shares of Redwoods Acquisition in the 1st quarter valued at $4,012,000.
Redwoods Acquisition Price Performance
RWODU opened at $9.99 on Friday. Redwoods Acquisition Corp. has a 12 month low of $9.02 and a 12 month high of $10.64. The company has a fifty day moving average price of $10.01.
About Redwoods Acquisition
Redwoods Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. In intends to focus on businesses in the carbon neutral and energy storage industries.
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