Shaolin Capital Management LLC Purchases Shares of 100,000 GP-Act III Acquisition Corp. (NASDAQ:GPATU)

Shaolin Capital Management LLC acquired a new position in shares of GP-Act III Acquisition Corp. (NASDAQ:GPATU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $1,003,000.

Several other institutional investors have also added to or reduced their stakes in GPATU. Highbridge Capital Management LLC acquired a new stake in shares of GP-Act III Acquisition in the second quarter valued at approximately $100,000. TrueMark Investments LLC acquired a new stake in GP-Act III Acquisition in the 2nd quarter valued at $178,000. Condor Capital Management bought a new stake in GP-Act III Acquisition during the 2nd quarter worth about $196,000. Glazer Capital LLC acquired a new stake in shares of GP-Act III Acquisition in the second quarter valued at about $2,759,000. Finally, Berkley W R Corp bought a new stake in GP-Act III Acquisition during the second quarter worth about $2,986,000.

GP-Act III Acquisition Price Performance

GPATU stock opened at $10.20 on Friday. GP-Act III Acquisition Corp. has a twelve month low of $10.02 and a twelve month high of $10.50. The company has a 50 day moving average of $10.08.

GP-Act III Acquisition Profile

GP-Act III Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as GP Investments Acquisition Corp. II and changed its name to GP-Act III Acquisition Corp.