Polar Asset Management Partners Inc. Makes New Investment in Bleichroeder Acquisition Corp I – Class A (NASDAQ:BACQ)

Polar Asset Management Partners Inc. purchased a new position in shares of Bleichroeder Acquisition Corp I – Class A (NASDAQ:BACQ) in the 4th quarter, Holdings Channel.com reports. The fund purchased 1,250,000 shares of the company’s stock, valued at approximately $12,325,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BACQ. Rangeley Capital LLC acquired a new stake in Bleichroeder Acquisition Corp I – Class A during the fourth quarter worth about $119,000. ATW Spac Management LLC acquired a new stake in Bleichroeder Acquisition Corp I – Class A during the fourth quarter worth about $339,000. Boothbay Fund Management LLC acquired a new stake in Bleichroeder Acquisition Corp I – Class A during the fourth quarter worth about $339,000. K2 Principal Fund L.P. acquired a new stake in Bleichroeder Acquisition Corp I – Class A during the fourth quarter worth about $756,000. Finally, Spartan Fund Management Inc. acquired a new stake in shares of Bleichroeder Acquisition Corp I – Class A in the fourth quarter valued at about $986,000.

Bleichroeder Acquisition Corp I – Class A Stock Down 0.1%

BACQ stock opened at $10.15 on Thursday. Bleichroeder Acquisition Corp I – Class A has a 1 year low of $9.80 and a 1 year high of $10.18. The company has a 50-day moving average of $10.05.

About Bleichroeder Acquisition Corp I – Class A

Bleichroeder Acquisition Corp. I is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Andrew Stephen Gundlach and Michel Combes on June 24, 2024 and is headquartered in New York, NY.