Polar Asset Management Partners Inc. Takes $13.90 Million Position in Black Spade Acquisition II Co (NASDAQ:BSII)

Polar Asset Management Partners Inc. bought a new position in Black Spade Acquisition II Co (NASDAQ:BSII) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,400,000 shares of the company’s stock, valued at approximately $13,902,000. Polar Asset Management Partners Inc. owned approximately 7.32% of Black Spade Acquisition II at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BSII. Condor Capital Management bought a new position in shares of Black Spade Acquisition II in the fourth quarter valued at $102,000. Heights Capital Management Inc. acquired a new stake in shares of Black Spade Acquisition II during the fourth quarter worth $199,000. Wealthspring Capital LLC purchased a new stake in shares of Black Spade Acquisition II during the fourth quarter valued at $453,000. Kepos Capital LP purchased a new stake in shares of Black Spade Acquisition II during the fourth quarter valued at $671,000. Finally, Berkley W R Corp acquired a new position in shares of Black Spade Acquisition II in the 4th quarter valued at $729,000.

Black Spade Acquisition II Stock Performance

Shares of BSII opened at $10.27 on Thursday. The business has a 50-day moving average of $10.15. Black Spade Acquisition II Co has a 1-year low of $9.85 and a 1-year high of $10.39.

Black Spade Acquisition II Profile

Black Spade Acquisition II Co is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. Black Spade Acquisition II Co is based in HONG KONG.