AQR Arbitrage LLC purchased a new stake in Artius II Acquisition Inc. (NASDAQ:AACB – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,502,205 shares of the company’s stock, valued at approximately $15,202,000.
Several other institutional investors have also modified their holdings of AACB. Clear Street LLC acquired a new stake in shares of Artius II Acquisition in the second quarter valued at $334,000. DLD Asset Management LP purchased a new stake in Artius II Acquisition during the 2nd quarter worth about $414,000. Wolverine Asset Management LLC acquired a new stake in Artius II Acquisition in the 2nd quarter valued at about $643,000. Shaolin Capital Management LLC purchased a new position in shares of Artius II Acquisition in the 2nd quarter valued at about $1,518,000. Finally, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Artius II Acquisition in the 2nd quarter valued at about $1,619,000.
Artius II Acquisition Stock Down 0.2%
NASDAQ:AACB opened at $10.30 on Friday. Artius II Acquisition Inc. has a 1 year low of $9.85 and a 1 year high of $10.34. The stock has a 50-day simple moving average of $10.25 and a 200-day simple moving average of $10.17.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Artius II Acquisition in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.
Artius II Acquisition Company Profile
We are a newly incorporated Cayman Island exempted company structured as a blank check company incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.
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