ATW Spac Management LLC Buys New Stake in Aparadise Acquisition Corp. $APADU

ATW Spac Management LLC purchased a new stake in Aparadise Acquisition Corp. (NASDAQ:APADU) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 125,000 shares of the company’s stock, valued at approximately $1,248,000. Aparadise Acquisition makes up about 1.6% of ATW Spac Management LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of APADU. JPMorgan Chase & Co. purchased a new stake in shares of Aparadise Acquisition in the third quarter worth about $549,000. BCK Capital Management LP acquired a new position in Aparadise Acquisition during the 3rd quarter worth approximately $231,000. Finally, Picton Mahoney Asset Management purchased a new position in Aparadise Acquisition in the 3rd quarter worth approximately $998,000.

Aparadise Acquisition Price Performance

NASDAQ APADU opened at $10.39 on Wednesday. The company’s fifty day simple moving average is $10.31 and its 200-day simple moving average is $10.21. Aparadise Acquisition Corp. has a 52 week low of $9.98 and a 52 week high of $11.00.

Aparadise Acquisition Company Profile

Aparadise Acquisition Corp. (NASDAQ: APADU) is a special purpose acquisition company formed under Delaware law. The company completed its initial public offering in 2021, raising funds to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more target companies. As a blank check company, APADU’s primary objective is to identify and acquire a private operating business and bring it to the public markets through a business combination transaction.

Following its IPO, the proceeds from APADU’s offering were placed in a trust account and invested in U.S.