Calisa Acquisition (NASDAQ:ALISU) Shares Up 0.1% – Here’s Why

Calisa Acquisition Corp (NASDAQ:ALISU) shares shot up 0.1% during trading on Monday . The company traded as high as $10.52 and last traded at $10.51. 200 shares traded hands during trading, a decline of 87% from the average session volume of 1,550 shares. The stock had previously closed at $10.50.

Calisa Acquisition Stock Performance

The business’s 50 day moving average is $10.68.

Hedge Funds Weigh In On Calisa Acquisition

A number of hedge funds have recently modified their holdings of the stock. Lineage Point Capital LP purchased a new stake in shares of Calisa Acquisition during the fourth quarter worth $104,000. Clear Street Group Inc. purchased a new position in Calisa Acquisition in the fourth quarter valued at about $162,000. Westchester Capital Management LLC acquired a new position in Calisa Acquisition in the 4th quarter worth about $165,000. Evercore Wealth Management LLC acquired a new position in Calisa Acquisition in the 4th quarter worth about $173,000. Finally, Heights Capital Management Inc. purchased a new stake in shares of Calisa Acquisition during the 4th quarter worth about $784,000.

About Calisa Acquisition

We are a blank check company incorporated on March 11, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. Although we are not limited to target businesses in any specific industry or geographic location, we intend to initially focus our search on target businesses in Asia.