Mint Tower Capital Management B.V. Takes Position in Malacca Straits Acquisition Company Limited (OTCMKTS:MLACU)

Mint Tower Capital Management B.V. bought a new position in Malacca Straits Acquisition Company Limited (OTCMKTS:MLACU) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 100,000 shares of the company’s stock, valued at approximately $1,003,000.

A number of other hedge funds also recently bought and sold shares of the business. Picton Mahoney Asset Management bought a new stake in shares of Malacca Straits Acquisition in the 4th quarter worth approximately $2,508,000. Decagon Asset Management LLP bought a new position in shares of Malacca Straits Acquisition during the fourth quarter valued at approximately $1,282,000. Magnetar Financial LLC purchased a new stake in Malacca Straits Acquisition in the fourth quarter worth $19,038,000. Tuttle Capital Management LLC bought a new stake in Malacca Straits Acquisition in the fourth quarter valued at $401,000. Finally, Deltec Asset Management LLC purchased a new position in Malacca Straits Acquisition during the 4th quarter valued at $502,000.

Malacca Straits Acquisition Stock Up 0.1 %

OTCMKTS:MLACU opened at $10.21 on Thursday. Malacca Straits Acquisition Company Limited has a 12 month low of $10.00 and a 12 month high of $10.21. The company has a 50-day moving average price of $10.15 and a 200-day moving average price of $10.35.

Malacca Straits Acquisition Profile

Malacca Straits Acquisition Company Limited does not have significant business. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media, food processing, renewable energy, and healthcare industries.