TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in Range Capital Acquisition Corp. (NASDAQ:RANGU – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 500,000 shares of the company’s stock, valued at approximately $5,025,000.
Several other hedge funds have also bought and sold shares of the stock. Warberg Asset Management LLC acquired a new position in shares of Range Capital Acquisition during the 4th quarter worth approximately $196,000. Schonfeld Strategic Advisors LLC purchased a new position in Range Capital Acquisition during the fourth quarter worth about $422,000. Deltec Asset Management LLC purchased a new position in Range Capital Acquisition during the fourth quarter worth about $501,000. Heights Capital Management Inc. purchased a new position in Range Capital Acquisition during the fourth quarter worth about $502,000. Finally, Centiva Capital LP purchased a new position in shares of Range Capital Acquisition in the fourth quarter valued at approximately $703,000.
Range Capital Acquisition Price Performance
NASDAQ RANGU opened at $10.33 on Friday. The company has a 50 day simple moving average of $10.23. Range Capital Acquisition Corp. has a one year low of $10.00 and a one year high of $11.05.
Range Capital Acquisition Profile
We are a blank check company incorporated on July 24, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”.
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