Polar Asset Management Partners Inc. Has $8.38 Million Stock Position in Global Lights Acquisition Corp (NASDAQ:GLAC)

Polar Asset Management Partners Inc. lifted its position in shares of Global Lights Acquisition Corp (NASDAQ:GLAC) by 60.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 800,000 shares of the company’s stock after purchasing an additional 300,000 shares during the quarter. Polar Asset Management Partners Inc. owned approximately 0.09% of Global Lights Acquisition worth $8,376,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Cowen AND Company LLC lifted its position in shares of Global Lights Acquisition by 1.0% during the 2nd quarter. Cowen AND Company LLC now owns 503,590 shares of the company’s stock worth $5,189,000 after buying an additional 5,189 shares during the period. Wolverine Asset Management LLC bought a new position in shares of Global Lights Acquisition during the 3rd quarter worth approximately $74,000. Clear Street LLC lifted its position in shares of Global Lights Acquisition by 1,402.4% during the 2nd quarter. Clear Street LLC now owns 13,792 shares of the company’s stock worth $142,000 after buying an additional 12,874 shares during the period. Dakota Wealth Management bought a new position in shares of Global Lights Acquisition during the 2nd quarter worth approximately $297,000. Finally, Walleye Trading LLC bought a new position in shares of Global Lights Acquisition during the 3rd quarter worth approximately $377,000. Institutional investors and hedge funds own 83.41% of the company’s stock.

Global Lights Acquisition Stock Performance

Shares of GLAC opened at $10.62 on Wednesday. Global Lights Acquisition Corp has a 52-week low of $10.04 and a 52-week high of $10.95. The stock has a fifty day moving average price of $10.55 and a two-hundred day moving average price of $10.42.

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.