Cal Redwood Acquisition Corp. $CRAQ Stake Cut by Clear Street Group Inc.

Clear Street Group Inc. cut its stake in Cal Redwood Acquisition Corp. (NASDAQ:CRAQ) by 73.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,966 shares of the company’s stock after selling 306,262 shares during the period. Clear Street Group Inc.’s holdings in Cal Redwood Acquisition were worth $1,095,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Westchester Capital Management LLC boosted its holdings in shares of Cal Redwood Acquisition by 30.0% during the 4th quarter. Westchester Capital Management LLC now owns 650,000 shares of the company’s stock worth $6,617,000 after buying an additional 150,000 shares during the period. L1 Global Manager Pty Ltd bought a new position in Cal Redwood Acquisition during the fourth quarter worth about $507,000. Wealthspring Capital LLC raised its position in shares of Cal Redwood Acquisition by 469.9% in the fourth quarter. Wealthspring Capital LLC now owns 441,520 shares of the company’s stock valued at $4,459,000 after purchasing an additional 364,040 shares during the period. Finally, ABC Arbitrage SA bought a new position in Cal Redwood Acquisition during the 4th quarter worth $304,000.

Cal Redwood Acquisition Price Performance

Shares of NASDAQ CRAQ opened at $10.29 on Monday. Cal Redwood Acquisition Corp. has a 12 month low of $9.92 and a 12 month high of $10.44. The business’s 50-day simple moving average is $10.24.

Cal Redwood Acquisition (NASDAQ:CRAQ) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.12 EPS for the quarter. The firm had revenue of $2.32 million for the quarter.

About Cal Redwood Acquisition

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.