Glazer Capital LLC Trims Position in APx Acquisition Corp. I (NASDAQ:APXI)

Glazer Capital LLC lowered its stake in shares of APx Acquisition Corp. I (NASDAQ:APXI) by 13.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 235,103 shares of the company’s stock after selling 36,054 shares during the quarter. Glazer Capital LLC owned about 2.37% of APx Acquisition Corp. I worth $2,744,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Mizuho Securities USA LLC lifted its position in APx Acquisition Corp. I by 14.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 792,581 shares of the company’s stock worth $9,226,000 after acquiring an additional 98,581 shares during the period. Spartan Fund Management Inc. lifted its holdings in shares of APx Acquisition Corp. I by 296.3% during the third quarter. Spartan Fund Management Inc. now owns 152,354 shares of the company’s stock worth $1,801,000 after purchasing an additional 113,912 shares during the period. Logan Stone Capital LLC purchased a new position in APx Acquisition Corp. I in the 2nd quarter valued at $2,925,000. Berkley W R Corp grew its position in APx Acquisition Corp. I by 45.7% in the 2nd quarter. Berkley W R Corp now owns 575,378 shares of the company’s stock valued at $6,680,000 after buying an additional 180,499 shares during the last quarter. Finally, Clear Street LLC acquired a new position in APx Acquisition Corp. I in the 2nd quarter valued at $78,000. Institutional investors and hedge funds own 51.82% of the company’s stock.

APx Acquisition Corp. I Stock Performance

APXI stock opened at $11.89 on Friday. The company has a fifty day moving average of $11.78 and a 200-day moving average of $11.66. APx Acquisition Corp. I has a one year low of $11.09 and a one year high of $12.89.

APx Acquisition Corp. I Company Profile

APx Acquisition Corp. I. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. APx Acquisition Corp. I. was incorporated in 2021 and is based in Mexico City, Mexico.