Periscope Capital Inc. lessened its stake in D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR – Free Report) by 18.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 406,300 shares of the company’s stock after selling 93,700 shares during the quarter. Periscope Capital Inc.’s holdings in D. Boral ARC Acquisition I were worth $4,075,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. HighTower Advisors LLC acquired a new stake in shares of D. Boral ARC Acquisition I in the 4th quarter valued at approximately $1,694,000. ABC Arbitrage SA acquired a new stake in shares of D. Boral ARC Acquisition I in the 4th quarter valued at approximately $351,000. Finally, Wolverine Asset Management LLC boosted its holdings in shares of D. Boral ARC Acquisition I by 33.5% in the 4th quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock valued at $11,383,000 after buying an additional 284,863 shares during the last quarter. Institutional investors and hedge funds own 4.33% of the company’s stock.
D. Boral ARC Acquisition I Price Performance
NASDAQ BCAR opened at $10.97 on Friday. D. Boral ARC Acquisition I Corp. has a 12 month low of $9.88 and a 12 month high of $11.09. The firm has a 50 day moving average of $10.35.
D. Boral ARC Acquisition I Company Profile
D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.
Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.
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