Virtu Financial LLC acquired a new stake in Evolution Global Acquisition Corp (NASDAQ:EVOX – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 121,326 shares of the company’s stock, valued at approximately $1,197,000. Virtu Financial LLC owned 0.43% of Evolution Global Acquisition at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the business. Toronto Dominion Bank purchased a new position in Evolution Global Acquisition in the 4th quarter valued at approximately $38,000. Meteora Capital LLC acquired a new position in shares of Evolution Global Acquisition in the fourth quarter worth $49,000. ABC Arbitrage SA purchased a new stake in shares of Evolution Global Acquisition during the fourth quarter worth $197,000. Geode Capital Management LLC purchased a new stake in shares of Evolution Global Acquisition during the fourth quarter worth $250,000. Finally, ExodusPoint Capital Management LP acquired a new stake in shares of Evolution Global Acquisition in the fourth quarter valued at $368,000.
Wall Street Analyst Weigh In
EVOX has been the subject of a number of recent research reports. Weiss Ratings upgraded Evolution Global Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, June 9th. Wall Street Zen upgraded Evolution Global Acquisition to a “sell” rating in a report on Saturday, March 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Evolution Global Acquisition has an average rating of “Sell”.
Evolution Global Acquisition Price Performance
Shares of Evolution Global Acquisition stock opened at $10.01 on Friday. Evolution Global Acquisition Corp has a 52-week low of $9.86 and a 52-week high of $10.09. The business has a 50 day moving average price of $10.01.
Evolution Global Acquisition (NASDAQ:EVOX – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.06 earnings per share for the quarter.
Evolution Global Acquisition Profile
Evolution Global Acquisition (NASDAQ:EVOX) is a special purpose acquisition company (SPAC) listed on the Nasdaq stock market. As a blank‑check company, its primary business purpose is to identify, negotiate and complete a business combination, merger or other acquisition that takes a target company public through the SPAC structure. The vehicle provides a means for investors to gain exposure to prospective private companies seeking public market access via a negotiated transaction with the sponsor.
SPACs like Evolution Global Acquisition typically raise capital in an initial public offering and hold funds in trust while they evaluate potential transaction opportunities.
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