BCK Capital Management LP Invests $943,000 in Globa Terra Acquisition Corp $GTERU

BCK Capital Management LP bought a new position in shares of Globa Terra Acquisition Corp (NASDAQ:GTERU) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 92,739 shares of the company’s stock, valued at approximately $943,000.

Separately, JPMorgan Chase & Co. purchased a new position in shares of Globa Terra Acquisition during the 3rd quarter valued at about $255,000.

Globa Terra Acquisition Price Performance

Shares of GTERU stock opened at $10.36 on Friday. Globa Terra Acquisition Corp has a 52-week low of $10.03 and a 52-week high of $11.04. The business has a 50-day simple moving average of $10.32 and a 200-day simple moving average of $10.26.

Global Terra Acquisition Corp. (NASDAQ:GTERU) is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company was incorporated in Delaware in 2021 and completed its initial public offering later that year, listing its units on the New York Stock Exchange under the symbol GTERU. As of its IPO, the company does not have any ongoing operating business other than identifying and evaluating potential target companies for a business combination.

To date, Global Terra Acquisition Corp.