Arch Venture Partners Xiii, Ll Purchases 1,250,000 Shares of Kardigan (NASDAQ:KARD) Stock

Kardigan, Inc. (NASDAQ:KARDGet Free Report) Director Arch Venture Partners Xiii, Ll purchased 1,250,000 shares of Kardigan stock in a transaction on Monday, June 22nd. The stock was purchased at an average price of $16.00 per share, for a total transaction of $20,000,000.00. Following the completion of the transaction, the director owned 15,042,035 shares of the company’s stock, valued at approximately $240,672,560. This represents a 9.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Kardigan Trading Up 2.5%

Shares of Kardigan stock opened at $22.58 on Friday. Kardigan, Inc. has a 1-year low of $16.25 and a 1-year high of $24.86.

Featured Stories

Receive News & Ratings for Kardigan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kardigan and related companies with MarketBeat.com's FREE daily email newsletter.