BCK Capital Management LP Buys New Shares in Silver Pegasus Acquisition Corp. $SPEGU

BCK Capital Management LP purchased a new position in Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 51,718 shares of the company’s stock, valued at approximately $526,000.

Silver Pegasus Acquisition Price Performance

NASDAQ SPEGU opened at $10.79 on Friday. Silver Pegasus Acquisition Corp. has a 1-year low of $10.02 and a 1-year high of $10.75. The stock has a 50-day moving average of $10.40 and a 200-day moving average of $10.29.

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.