Oak Woods Acquisition Co. (NASDAQ:OAKU) Major Shareholder Mizuho Securities Usa Llc Sells 74,000 Shares

Oak Woods Acquisition Co. (NASDAQ:OAKU) major shareholder Mizuho Securities Usa Llc sold 74,000 shares of Oak Woods Acquisition stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $11.18, for a total transaction of $827,320.00. Following the completion of the sale, the insider now owns 413,394 shares of the company’s stock, valued at $4,621,744.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Oak Woods Acquisition Stock Performance

Oak Woods Acquisition stock opened at $11.15 on Friday. Oak Woods Acquisition Co. has a fifty-two week low of $10.44 and a fifty-two week high of $11.22. The firm has a 50 day moving average price of $11.04 and a 200 day moving average price of $10.89.

Institutional Trading of Oak Woods Acquisition

Several institutional investors have recently added to or reduced their stakes in the stock. K2 Principal Fund L.P. acquired a new position in shares of Oak Woods Acquisition in the second quarter worth $219,000. ADAR1 Capital Management LLC acquired a new position in shares of Oak Woods Acquisition in the fourth quarter worth $316,000. Quarry LP acquired a new position in shares of Oak Woods Acquisition in the second quarter worth $401,000. Bulldog Investors LLP acquired a new position in shares of Oak Woods Acquisition in the fourth quarter worth $783,000. Finally, Glazer Capital LLC grew its stake in shares of Oak Woods Acquisition by 11.8% in the fourth quarter. Glazer Capital LLC now owns 185,123 shares of the company’s stock worth $1,949,000 after acquiring an additional 19,469 shares in the last quarter. Institutional investors and hedge funds own 63.01% of the company’s stock.

About Oak Woods Acquisition

Oak Woods Acquisition Corporation does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses. The company intends to focus on businesses that operate in the public and private healthcare, medical services, and technology-enabled healthcare services sectors, as well as enterprise services, artificial intelligence, culture and media, computer and internet technologies, new consumer brands, blockchain, and other areas in the Asia-pacific region.