Wolverine Asset Management LLC boosted its holdings in Global Lights Acquisition Corp (NASDAQ:GLAC – Free Report) by 6,880.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 493,810 shares of the company’s stock after purchasing an additional 486,736 shares during the quarter. Wolverine Asset Management LLC owned approximately 6.08% of Global Lights Acquisition worth $5,264,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. K2 Principal Fund L.P. bought a new position in Global Lights Acquisition in the 3rd quarter worth approximately $113,000. Shaolin Capital Management LLC boosted its stake in Global Lights Acquisition by 6.2% in the 3rd quarter. Shaolin Capital Management LLC now owns 217,504 shares of the company’s stock worth $2,277,000 after purchasing an additional 12,712 shares during the period. Walleye Trading LLC bought a new position in Global Lights Acquisition in the 3rd quarter worth approximately $377,000. Walleye Capital LLC bought a new position in Global Lights Acquisition in the 3rd quarter worth approximately $669,000. Finally, Berkley W R Corp bought a new position in Global Lights Acquisition in the 3rd quarter worth approximately $1,040,000. 83.41% of the stock is currently owned by institutional investors.
Global Lights Acquisition Stock Up 0.1 %
Shares of GLAC opened at $10.79 on Friday. Global Lights Acquisition Corp has a 1 year low of $10.15 and a 1 year high of $10.95. The business’s 50 day simple moving average is $10.70 and its 200-day simple moving average is $10.57.
Global Lights Acquisition Company Profile
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.
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