Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.03 earnings per share for the quarter, FiscalAI reports.
Axiom Intelligence Acquisition Corp 1 Price Performance
Shares of NASDAQ AXIN remained flat at $10.31 during midday trading on Friday. 3,231 shares of the company traded hands, compared to its average volume of 61,456. Axiom Intelligence Acquisition Corp 1 has a one year low of $9.95 and a one year high of $10.45. The firm has a 50-day moving average of $10.32 and a 200-day moving average of $10.23.
Institutional Trading of Axiom Intelligence Acquisition Corp 1
Several large investors have recently bought and sold shares of the company. Westchester Capital Management LLC grew its holdings in shares of Axiom Intelligence Acquisition Corp 1 by 35.0% during the 4th quarter. Westchester Capital Management LLC now owns 675,000 shares of the company’s stock worth $6,797,000 after acquiring an additional 175,000 shares during the period. Radcliffe Capital Management L.P. lifted its stake in shares of Axiom Intelligence Acquisition Corp 1 by 16.4% in the 4th quarter. Radcliffe Capital Management L.P. now owns 549,758 shares of the company’s stock valued at $5,531,000 after purchasing an additional 77,571 shares during the period. Meteora Capital LLC boosted its position in shares of Axiom Intelligence Acquisition Corp 1 by 59.9% during the fourth quarter. Meteora Capital LLC now owns 538,336 shares of the company’s stock valued at $5,416,000 after purchasing an additional 201,753 shares in the last quarter. Millennium Management LLC grew its stake in Axiom Intelligence Acquisition Corp 1 by 94.2% in the fourth quarter. Millennium Management LLC now owns 513,750 shares of the company’s stock worth $5,168,000 after purchasing an additional 249,250 shares during the period. Finally, Alberta Investment Management Corp purchased a new stake in Axiom Intelligence Acquisition Corp 1 in the fourth quarter worth $5,035,000.
Wall Street Analyst Weigh In
View Our Latest Analysis on AXIN
Axiom Intelligence Acquisition Corp 1 Company Profile
Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXIN) is a special purpose acquisition company (SPAC) listed on the NASDAQ. As a blank‑check company, its primary purpose is to raise capital through a public offering and to identify, negotiate and complete a business combination or similar transaction with one or more operating businesses. The company itself does not conduct traditional operating activities prior to a completed business combination.
Typical activities for a SPAC like Axiom Intelligence Acquisition Corp 1 include sourcing potential acquisition targets, performing due diligence, structuring a merger or acquisition, and providing a vehicle through which private companies can access public markets.
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