Governors Lane LP bought a new position in Range Capital Acquisition Corp. (NASDAQ:RANG – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 250,000 shares of the company’s stock, valued at approximately $2,609,000. Governors Lane LP owned about 1.79% of Range Capital Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of the company. Harraden Circle Investments LLC purchased a new position in Range Capital Acquisition in the fourth quarter worth about $3,320,000. Karpus Management Inc. boosted its position in Range Capital Acquisition by 24.6% in the second quarter. Karpus Management Inc. now owns 294,860 shares of the company’s stock worth $3,008,000 after purchasing an additional 58,171 shares during the last quarter. Whitebox Advisors LLC purchased a new position in Range Capital Acquisition in the second quarter worth about $2,550,000. K2 Principal Fund L.P. purchased a new position in Range Capital Acquisition in the fourth quarter worth about $1,231,000. Finally, Shaolin Capital Management LLC purchased a new position in Range Capital Acquisition in the third quarter worth about $1,029,000.
Range Capital Acquisition Stock Down 0.1%
NASDAQ RANG opened at $10.61 on Thursday. The stock’s 50-day moving average price is $10.60 and its 200-day moving average price is $10.51. Range Capital Acquisition Corp. has a 52 week low of $10.19 and a 52 week high of $11.63.
About Range Capital Acquisition
Range Capital Acquisition Corp is a publicly traded special purpose acquisition company (SPAC) listed on the NASDAQ under the symbol RANG. The company was formed to raise capital through an initial public offering with the goal of effecting a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. As a blank‐check vehicle, it does not currently operate any underlying business but seeks to identify a suitable target that aligns with its investment criteria.
The SPAC is sponsored by Range Capital Partners, a private equity firm with a background in investing across industrial, energy and infrastructure sectors.
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