Rivernorth Capital Management LLC Invests $1.70 Million in Black Spade Acquisition II Co (NASDAQ:BSIIU)

Rivernorth Capital Management LLC acquired a new stake in Black Spade Acquisition II Co (NASDAQ:BSIIU) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 170,525 shares of the company’s stock, valued at approximately $1,698,000.

Several other institutional investors and hedge funds have also modified their holdings of BSIIU. ATW Spac Management LLC acquired a new stake in shares of Black Spade Acquisition II in the third quarter worth $316,000. Parallax Volatility Advisers L.P. bought a new position in Black Spade Acquisition II in the 3rd quarter worth $499,000. Tidal Investments LLC bought a new position in Black Spade Acquisition II in the 3rd quarter worth $561,000. Spartan Fund Management Inc. acquired a new position in Black Spade Acquisition II during the 3rd quarter worth $996,000. Finally, Periscope Capital Inc. bought a new stake in Black Spade Acquisition II during the third quarter valued at about $1,496,000.

Black Spade Acquisition II Price Performance

BSIIU opened at $10.06 on Friday. The company has a 50 day simple moving average of $10.00. Black Spade Acquisition II Co has a 1-year low of $9.86 and a 1-year high of $10.30.