Aurelius Capital Management LP Invests $3.52 Million in Willow Lane Acquisition Corp. – Class A Ordinary Shares $WLAC

Aurelius Capital Management LP bought a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 304,000 shares of the company’s stock, valued at approximately $3,520,000. Willow Lane Acquisition Corp. – Class A Ordinary Shares comprises 6.4% of Aurelius Capital Management LP’s investment portfolio, making the stock its 6th largest position.

Other large investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the first quarter worth approximately $2,844,000. Magnetar Financial LLC purchased a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the second quarter worth approximately $12,900,000. Clear Street LLC increased its holdings in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 108.0% in the 2nd quarter. Clear Street LLC now owns 10,405 shares of the company’s stock valued at $106,000 after acquiring an additional 5,403 shares during the period. Whitebox Advisors LLC purchased a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 2nd quarter valued at $4,092,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. raised its position in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 53.8% in the 2nd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 285,956 shares of the company’s stock valued at $2,925,000 after purchasing an additional 100,040 shares during the last quarter.

Wall Street Analyst Weigh In

WLAC has been the topic of several research reports. Canaccord Genuity Group raised their price objective on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. DA Davidson increased their target price on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $17.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Stock Up 1.0%

Shares of NASDAQ WLAC opened at $10.77 on Friday. The stock has a fifty day moving average price of $11.51 and a 200 day moving average price of $11.77. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 1-year low of $9.99 and a 1-year high of $15.19.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.01 earnings per share (EPS) for the quarter.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Company Profile

Willow Lane Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker WLAC. As a blank check vehicle, the company does not conduct operations of its own but instead seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

The company was sponsored by Willow Lane Capital Partners, an investment firm with a focus on private equity and corporate development.