Clear Street Group Inc. decreased its holdings in Trailblazer Merger Corporation I (NASDAQ:TBMC – Free Report) by 88.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 21,903 shares of the company’s stock after selling 164,972 shares during the quarter. Clear Street Group Inc.’s holdings in Trailblazer Merger Corporation I were worth $292,000 as of its most recent SEC filing.
Separately, Shay Capital LLC acquired a new position in shares of Trailblazer Merger Corporation I during the second quarter worth $557,000. 77.13% of the stock is currently owned by institutional investors.
Trailblazer Merger Corporation I Stock Performance
Shares of TBMC stock opened at $7.33 on Tuesday. The firm has a fifty day moving average price of $7.32 and a 200 day moving average price of $10.01. Trailblazer Merger Corporation I has a 12 month low of $5.75 and a 12 month high of $14.91.
Trailblazer Merger Corporation I Profile
Trailblazer Merger Corporation I is a blank-check company incorporated in Delaware and listed on the Nasdaq under the ticker TBMC. As a special purpose acquisition company (SPAC), it does not engage in commercial operations but was formed to raise capital through an initial public offering and to identify and complete a merger, acquisition or share exchange with one or more businesses.
The company’s primary objective is to target high-growth enterprises across sectors such as technology, healthcare and consumer products.
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Want to see what other hedge funds are holding TBMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trailblazer Merger Corporation I (NASDAQ:TBMC – Free Report).
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