Weiss Asset Management LP Buys New Stake in Mobiv Acquisition Corp (NASDAQ:MOBV)

Weiss Asset Management LP purchased a new position in shares of Mobiv Acquisition Corp (NASDAQ:MOBV – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 425,000 shares of the company’s stock, valued at approximately $4,335,000. Weiss Asset Management LP owned approximately 3.23% of Mobiv Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in MOBV. Polar Asset Management Partners Inc. acquired a new stake in shares of Mobiv Acquisition during the third quarter valued at $4,509,000. Boothbay Fund Management LLC purchased a new stake in shares of Mobiv Acquisition during the third quarter worth about $3,945,000. Two Sigma Investments LP acquired a new position in shares of Mobiv Acquisition in the third quarter valued at approximately $2,179,000. Aristeia Capital LLC purchased a new position in shares of Mobiv Acquisition during the third quarter valued at approximately $2,004,000. Finally, Prelude Capital Management LLC acquired a new stake in Mobiv Acquisition during the third quarter worth approximately $1,754,000. 26.96% of the stock is owned by institutional investors and hedge funds.

Mobiv Acquisition Price Performance

Shares of MOBV opened at $10.38 on Friday. Mobiv Acquisition Corp has a fifty-two week low of $9.96 and a fifty-two week high of $10.91. The company has a fifty day simple moving average of $10.32.

Mobiv Acquisition Profile

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Mobiv Acquisition Corp is a blank check company. It intends to focus on businesses in the electric vehicles and urban mobility industries in Asia and Europe. The company was founded in 2022 and is based in Newark, Delaware.