GABELLI & Co INVESTMENT ADVISERS INC. Acquires New Holdings in Silver Pegasus Acquisition Corp. $SPEGU

GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 95,700 shares of the company’s stock, valued at approximately $973,000.

Several other large investors have also added to or reduced their stakes in the business. BCK Capital Management LP bought a new stake in Silver Pegasus Acquisition during the third quarter worth about $526,000. ATW Spac Management LLC bought a new position in Silver Pegasus Acquisition during the third quarter worth about $1,017,000. Finally, Picton Mahoney Asset Management acquired a new stake in Silver Pegasus Acquisition during the 3rd quarter valued at $3,561,000.

Silver Pegasus Acquisition Price Performance

SPEGU stock opened at $10.30 on Friday. Silver Pegasus Acquisition Corp. has a one year low of $10.02 and a one year high of $10.75. The company has a fifty day moving average price of $10.45 and a two-hundred day moving average price of $10.32.

Silver Pegasus Acquisition Profile

Silver Pegasus Acquisition Corporation is a blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Listed on the Nasdaq under the ticker SPEGU, the company raises capital through an initial public offering of units, with the net proceeds held in a trust account until a qualifying business combination is completed.

The company’s management team brings experience in corporate finance, mergers and acquisitions, and strategic advisory services.