Clear Street Group Inc. reduced its stake in shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR – Free Report) by 61.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 192,358 shares of the company’s stock after selling 312,999 shares during the quarter. Clear Street Group Inc.’s holdings in D. Boral ARC Acquisition I were worth $1,929,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in D. Boral ARC Acquisition I in the fourth quarter worth about $127,000. ABC Arbitrage SA purchased a new stake in D. Boral ARC Acquisition I in the fourth quarter worth about $351,000. StoneX Group Inc. lifted its stake in D. Boral ARC Acquisition I by 4.5% in the fourth quarter. StoneX Group Inc. now owns 78,393 shares of the company’s stock worth $786,000 after acquiring an additional 3,393 shares during the period. HighTower Advisors LLC purchased a new stake in shares of D. Boral ARC Acquisition I during the fourth quarter valued at about $1,694,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of D. Boral ARC Acquisition I during the fourth quarter valued at about $2,758,000. 4.33% of the stock is owned by hedge funds and other institutional investors.
D. Boral ARC Acquisition I Stock Performance
BCAR opened at $10.60 on Monday. D. Boral ARC Acquisition I Corp. has a 52-week low of $9.88 and a 52-week high of $11.17. The firm’s 50-day moving average is $10.48.
D. Boral ARC Acquisition I Profile
D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.
Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.
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