Clear Street Group Inc. increased its position in EGH Acquisition Corp. (NASDAQ:EGHA – Free Report) by 4,341.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 264,473 shares of the company’s stock after buying an additional 258,518 shares during the quarter. Clear Street Group Inc. owned 1.29% of EGH Acquisition worth $2,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in the company. ABC Arbitrage SA acquired a new position in shares of EGH Acquisition in the fourth quarter valued at approximately $304,000. Periscope Capital Inc. increased its stake in shares of EGH Acquisition by 26.6% in the fourth quarter. Periscope Capital Inc. now owns 253,146 shares of the company’s stock valued at $2,564,000 after buying an additional 53,146 shares during the period. Finally, Westchester Capital Management LLC increased its stake in shares of EGH Acquisition by 30.0% in the fourth quarter. Westchester Capital Management LLC now owns 325,000 shares of the company’s stock valued at $3,295,000 after buying an additional 75,000 shares during the period.
EGH Acquisition Price Performance
EGH Acquisition stock opened at $10.31 on Monday. The firm has a 50 day moving average price of $10.28. EGH Acquisition Corp. has a 1 year low of $9.31 and a 1 year high of $10.80.
EGH Acquisition Company Profile
EGH Acquisition (NASDAQ: EGHA) is a publicly traded special purpose acquisition company (SPAC) formed to identify, acquire and combine with one or more businesses. As a blank‑check vehicle, the company’s primary business activity is to raise capital through an initial public offering and to seek qualifying target companies for a business combination that would result in the target becoming a publicly listed entity.
Like other SPACs, EGH Acquisition typically holds the proceeds of its offering in trust while it evaluates potential targets and transaction structures.
Featured Articles
- Five stocks we like better than EGH Acquisition
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Want to see what other hedge funds are holding EGHA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EGH Acquisition Corp. (NASDAQ:EGHA – Free Report).
Receive News & Ratings for EGH Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EGH Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
