Artius II Acquisition (NASDAQ:AACBU) Stock Price Down 0.7% – Time to Sell?

Artius II Acquisition Inc. (NASDAQ:AACBU) was down 0.7% during mid-day trading on Thursday . The stock traded as low as $10.59 and last traded at $10.60. Approximately 1 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 633 shares. The stock had previously closed at $10.67.

Artius II Acquisition Trading Down 0.7%

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Artius II Acquisition stock. Clear Street Group Inc. lifted its holdings in shares of Artius II Acquisition Inc. (NASDAQ:AACBU) by 9.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,638 shares of the company’s stock after buying an additional 4,485 shares during the period. Clear Street Group Inc.’s holdings in Artius II Acquisition were worth $526,000 at the end of the most recent reporting period.

About Artius II Acquisition

Artius II Acquisition (NASDAQ: AACBU) is a publicly traded special-purpose acquisition company (SPAC), commonly referred to as a blank‑check company. Like other SPACs, its primary purpose is to raise capital in the public markets and hold those proceeds in trust while seeking one or more business combinations, mergers, or acquisitions that will result in a private operating company becoming publicly listed through the SPAC’s platform.

The company itself does not operate a commercial business prior to completing a business combination.