Clear Street Group Inc. Grows Stock Position in Berto Acquisition Corp. $TACOU

Clear Street Group Inc. raised its holdings in Berto Acquisition Corp. (NASDAQ:TACOU) by 421.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 163,403 shares of the company’s stock after buying an additional 132,072 shares during the quarter. Clear Street Group Inc.’s holdings in Berto Acquisition were worth $1,681,000 at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. purchased a new stake in Berto Acquisition in the second quarter valued at about $1,077,000.

Berto Acquisition Stock Performance

Berto Acquisition stock opened at $10.75 on Monday. The stock has a 50-day moving average of $10.66 and a two-hundred day moving average of $10.45. Berto Acquisition Corp. has a one year low of $10.21 and a one year high of $12.50.

Berto Acquisition Company Profile

Berto Acquisition Corp. is a special purpose acquisition company (SPAC) incorporated in Delaware in 2021. The company has no commercial operations to date and was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The company completed its initial public offering in early 2022, raising gross proceeds through the sale of units each consisting of one share of common stock and a fraction of a warrant.