Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Fifth Era Acquisition Corp I (NASDAQ:FERA – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 400,000 shares of the company’s stock, valued at approximately $4,116,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 1.69% of Fifth Era Acquisition Corp I as of its most recent SEC filing.
Fifth Era Acquisition Corp I Stock Down 0.1%
NASDAQ FERA opened at $10.39 on Thursday. The business has a 50-day simple moving average of $10.35. Fifth Era Acquisition Corp I has a twelve month low of $10.10 and a twelve month high of $10.50.
Fifth Era Acquisition Corp I (NASDAQ:FERA – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.04 EPS for the quarter. The business had revenue of $2.09 million during the quarter.
Analyst Ratings Changes
Check Out Our Latest Analysis on Fifth Era Acquisition Corp I
About Fifth Era Acquisition Corp I
Fifth Era Acquisition Corp I (NASDAQ: FERA) is a special purpose acquisition company (SPAC) listed on the NASDAQ exchange. As a blank‑check vehicle, the company was formed to raise capital in public markets through an initial public offering and to identify, negotiate and complete a business combination with one or more operating companies. The primary business activity of Fifth Era Acquisition Corp I is to serve as an acquisition vehicle that facilitates the transition of a private company to the public markets through a merger, share exchange, asset acquisition or similar transaction.
Like other SPACs, Fifth Era Acquisition Corp I typically holds the proceeds from its public offering in a trust account pending the completion of a qualifying business combination.
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