250,000 Shares in Crane Harbor Acquisition Corp. II $CRANU Acquired by Clear Street Group Inc.

Clear Street Group Inc. bought a new position in Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 250,000 shares of the company’s stock, valued at approximately $2,518,000.

A number of other hedge funds also recently bought and sold shares of CRANU. Deltec Asset Management LLC bought a new stake in Crane Harbor Acquisition Corp. II in the 4th quarter worth approximately $504,000. Wolverine Asset Management LLC bought a new stake in Crane Harbor Acquisition Corp. II in the 4th quarter worth approximately $1,218,000. ABC Arbitrage SA bought a new stake in Crane Harbor Acquisition Corp. II in the 4th quarter worth approximately $403,000. Wealthspring Capital LLC bought a new stake in Crane Harbor Acquisition Corp. II in the 4th quarter worth approximately $2,518,000. Finally, Gabelli Funds LLC bought a new stake in Crane Harbor Acquisition Corp. II in the 4th quarter worth approximately $1,781,000.

Crane Harbor Acquisition Corp. II Stock Down 0.0%

NASDAQ:CRANU opened at $10.27 on Monday. The stock has a 50 day moving average price of $10.19. Crane Harbor Acquisition Corp. II has a 1-year low of $10.04 and a 1-year high of $11.23.

About Crane Harbor Acquisition Corp. II

Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.

The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.