ATW Spac Management LLC Sells 50,000 Shares of Artius II Acquisition Inc. $AACB

ATW Spac Management LLC decreased its stake in Artius II Acquisition Inc. (NASDAQ:AACB) by 39.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 75,316 shares of the company’s stock after selling 50,000 shares during the period. ATW Spac Management LLC’s holdings in Artius II Acquisition were worth $767,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Clear Street LLC bought a new stake in shares of Artius II Acquisition in the 2nd quarter worth approximately $334,000. DLD Asset Management LP bought a new stake in shares of Artius II Acquisition in the second quarter valued at $414,000. Wolverine Asset Management LLC raised its stake in shares of Artius II Acquisition by 4.8% in the third quarter. Wolverine Asset Management LLC now owns 66,628 shares of the company’s stock valued at $675,000 after buying an additional 3,070 shares during the period. Boothbay Fund Management LLC purchased a new position in shares of Artius II Acquisition during the 2nd quarter valued at $1,268,000. Finally, Shaolin Capital Management LLC bought a new position in shares of Artius II Acquisition during the 2nd quarter worth $1,518,000.

Artius II Acquisition Stock Down 0.5%

AACB stock opened at $10.34 on Wednesday. The stock has a 50-day simple moving average of $10.33 and a two-hundred day simple moving average of $10.26. Artius II Acquisition Inc. has a twelve month low of $9.85 and a twelve month high of $10.39.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Artius II Acquisition in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Artius II Acquisition has an average rating of “Sell”.

Artius II Acquisition Company Profile

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank‐check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.