Glazer Capital LLC Sells 55,831 Shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE)

Glazer Capital LLC reduced its position in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE) by 13.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 352,704 shares of the company’s stock after selling 55,831 shares during the period. Glazer Capital LLC owned about 0.06% of Technology & Telecommunication Acquisition worth $4,296,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Warberg Asset Management LLC acquired a new stake in shares of Technology & Telecommunication Acquisition during the second quarter worth approximately $208,000. Logan Stone Capital LLC acquired a new position in shares of Technology & Telecommunication Acquisition in the 2nd quarter worth approximately $1,147,000. Shaolin Capital Management LLC grew its position in Technology & Telecommunication Acquisition by 33.3% during the 2nd quarter. Shaolin Capital Management LLC now owns 200,000 shares of the company’s stock worth $2,390,000 after acquiring an additional 50,000 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its holdings in Technology & Telecommunication Acquisition by 64.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 255,659 shares of the company’s stock valued at $3,081,000 after purchasing an additional 99,936 shares in the last quarter. 45.39% of the stock is currently owned by institutional investors and hedge funds.

Technology & Telecommunication Acquisition Price Performance

Technology & Telecommunication Acquisition stock opened at $12.23 on Friday. The business’s fifty day moving average is $12.18 and its two-hundred day moving average is $12.06. Technology & Telecommunication Acquisition Co. has a 52 week low of $11.31 and a 52 week high of $12.25.

Technology & Telecommunication Acquisition Company Profile

Technology & Telecommunication Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.