Castle Creek Arbitrage LLC Invests $3.87 Million in Tuscan Holdings Corp. II (OTCMKTS:THCAU)

Castle Creek Arbitrage LLC acquired a new position in shares of Tuscan Holdings Corp. II (OTCMKTS:THCAU) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 385,000 shares of the company’s stock, valued at approximately $3,869,000. Tuscan Holdings Corp. II accounts for approximately 1.0% of Castle Creek Arbitrage LLC’s investment portfolio, making the stock its 28th biggest position.

Separately, Context Capital Management LLC acquired a new stake in shares of Tuscan Holdings Corp. II during the 3rd quarter worth approximately $3,015,000.

Shares of OTCMKTS THCAU remained flat at $$10.08 during midday trading on Friday. The firm’s 50-day simple moving average is $10.09. Tuscan Holdings Corp. II has a 52 week low of $10.00 and a 52 week high of $10.18.

Tuscan Holdings Corp. II Company Profile

Tuscan Holdings Corp. II focuses on entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was founded in 2019 and is based in New York, New York.

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