Aristeia Capital L.L.C. Invests $3.08 Million in Calisa Acquisition Corp $ALIS

Aristeia Capital L.L.C. bought a new position in shares of Calisa Acquisition Corp (NASDAQ:ALIS) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 310,000 shares of the company’s stock, valued at approximately $3,078,000.

Other institutional investors have also modified their holdings of the company. Radcliffe Capital Management L.P. purchased a new stake in shares of Calisa Acquisition during the 4th quarter worth about $1,241,000. Clear Street Group Inc. purchased a new stake in shares of Calisa Acquisition during the 4th quarter worth about $3,985,000. Glazer Capital LLC acquired a new position in Calisa Acquisition during the 4th quarter worth approximately $2,953,000. Westchester Capital Management LLC acquired a new position in Calisa Acquisition during the 4th quarter worth approximately $3,524,000. Finally, Polar Asset Management Partners Inc. acquired a new position in Calisa Acquisition during the 4th quarter worth approximately $2,979,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Calisa Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Calisa Acquisition Trading Down 0.0%

Calisa Acquisition stock opened at $10.12 on Thursday. The business’s 50 day moving average is $10.07. Calisa Acquisition Corp has a one year low of $9.85 and a one year high of $10.15.

Calisa Acquisition (NASDAQ:ALIS) last released its quarterly earnings results on Wednesday, March 25th. The company reported $0.11 EPS for the quarter.

About Calisa Acquisition

Calisa Acquisition (NASDAQ: ALIS) is a special purpose acquisition company (SPAC) that is publicly traded on the Nasdaq stock exchange. As a blank‑check vehicle, its primary corporate purpose is to identify, negotiate and complete one or more business combinations, such as mergers, share exchanges, asset acquisitions, or similar transactions that would result in a privately held company becoming publicly listed through the SPAC structure.

Like other SPACs, Calisa Acquisition typically raises capital through an initial public offering and holds those proceeds in a trust account while it evaluates potential target companies.