Picton Mahoney Asset Management acquired a new stake in Launch One Acquisition Corp. (NASDAQ:LPAA – Free Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 1,669,756 shares of the company’s stock, valued at approximately $16,780,000. Picton Mahoney Asset Management owned approximately 0.06% of Launch One Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Wolverine Asset Management LLC grew its stake in Launch One Acquisition by 2,740.2% during the fourth quarter. Wolverine Asset Management LLC now owns 510,891 shares of the company’s stock worth $5,134,000 after buying an additional 492,903 shares during the period. Shaolin Capital Management LLC purchased a new stake in Launch One Acquisition during the third quarter worth approximately $3,492,000. Berkley W R Corp purchased a new position in shares of Launch One Acquisition in the third quarter valued at $2,479,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Launch One Acquisition in the third quarter valued at $8,475,000. Finally, Robinson Capital Management LLC boosted its stake in shares of Launch One Acquisition by 12,420.4% in the fourth quarter. Robinson Capital Management LLC now owns 31,301 shares of the company’s stock valued at $314,000 after purchasing an additional 31,051 shares during the period.
Launch One Acquisition Stock Down 0.1 %
Shares of LPAA stock opened at $10.19 on Friday. Launch One Acquisition Corp. has a twelve month low of $9.66 and a twelve month high of $10.20. The company has a fifty day moving average price of $10.11.
Launch One Acquisition Profile
Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.
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Want to see what other hedge funds are holding LPAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Launch One Acquisition Corp. (NASDAQ:LPAA – Free Report).
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