ATW Spac Management LLC Invests $1.02 Million in Globa Terra Acquisition Corp $GTERU

ATW Spac Management LLC purchased a new stake in Globa Terra Acquisition Corp (NASDAQ:GTERU) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $1,017,000. Globa Terra Acquisition makes up about 1.3% of ATW Spac Management LLC’s portfolio, making the stock its 23rd biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new stake in Globa Terra Acquisition during the 3rd quarter valued at $255,000. BCK Capital Management LP acquired a new stake in shares of Globa Terra Acquisition in the third quarter worth $943,000. Finally, Picton Mahoney Asset Management purchased a new position in shares of Globa Terra Acquisition during the third quarter valued at $1,526,000.

Globa Terra Acquisition Price Performance

NASDAQ:GTERU opened at $10.42 on Wednesday. The business’s fifty day moving average price is $10.33 and its 200 day moving average price is $10.27. Globa Terra Acquisition Corp has a 1-year low of $10.03 and a 1-year high of $11.04.

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.