Berkley W R Corp Buys Shares of 99,465 Global Lights Acquisition Corp (NASDAQ:GLAC)

Berkley W R Corp purchased a new position in Global Lights Acquisition Corp (NASDAQ:GLAC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 99,465 shares of the company’s stock, valued at approximately $1,040,000. Berkley W R Corp owned 1.11% of Global Lights Acquisition as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Dakota Wealth Management acquired a new position in Global Lights Acquisition in the second quarter valued at $297,000. Cowen AND Company LLC raised its position in shares of Global Lights Acquisition by 1.0% in the 2nd quarter. Cowen AND Company LLC now owns 503,590 shares of the company’s stock worth $5,189,000 after acquiring an additional 5,189 shares in the last quarter. Clear Street LLC lifted its stake in shares of Global Lights Acquisition by 1,402.4% in the 2nd quarter. Clear Street LLC now owns 13,792 shares of the company’s stock valued at $142,000 after purchasing an additional 12,874 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of Global Lights Acquisition during the 3rd quarter valued at about $74,000. Finally, Walleye Capital LLC acquired a new stake in Global Lights Acquisition during the third quarter worth approximately $669,000. 83.41% of the stock is owned by institutional investors.

Global Lights Acquisition Stock Performance

Shares of GLAC stock opened at $10.61 on Friday. Global Lights Acquisition Corp has a fifty-two week low of $10.04 and a fifty-two week high of $10.95. The stock has a 50 day simple moving average of $10.54 and a two-hundred day simple moving average of $10.41.

About Global Lights Acquisition

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.