Radcliffe Capital Management L.P. bought a new position in shares of Maywood Acquisition Corp. (NASDAQ:IPEX – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 112,061 shares of the company’s stock, valued at approximately $1,152,000. Radcliffe Capital Management L.P. owned 0.94% of Maywood Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Magnetar Financial LLC bought a new position in Maywood Acquisition in the fourth quarter worth approximately $2,565,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded Maywood Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Maywood Acquisition Stock Down 0.1%
Shares of NASDAQ:IPEX opened at $10.49 on Wednesday. The business has a 50 day simple moving average of $10.45. Maywood Acquisition Corp. has a 52 week low of $10.07 and a 52 week high of $10.51.
Maywood Acquisition (NASDAQ:IPEX – Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.02 earnings per share (EPS) for the quarter.
About Maywood Acquisition
We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding an initial business combination with our company.
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