Wealthspring Capital LLC Buys Shares of 184,814 Melar Acquisition Corp. I (NASDAQ:MACI)

Wealthspring Capital LLC acquired a new position in Melar Acquisition Corp. I (NASDAQ:MACI) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 184,814 shares of the company’s stock, valued at approximately $1,847,000. Melar Acquisition Corp. I accounts for approximately 2.3% of Wealthspring Capital LLC’s portfolio, making the stock its 17th largest holding. Wealthspring Capital LLC owned approximately 0.91% of Melar Acquisition Corp. I at the end of the most recent reporting period.

Melar Acquisition Corp. I Stock Performance

Shares of MACI remained flat at $9.98 during midday trading on Friday. The stock had a trading volume of 77 shares, compared to its average volume of 100,747. Melar Acquisition Corp. I has a 12 month low of $9.95 and a 12 month high of $10.03.

Melar Acquisition Corp. I Profile

Melar Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Melar Acquisition Corp. I is based in NEW YORK.