The most recent 13F filing that the company has made with the Securities and Exchange Commission indicates that during the third quarter, Aristeia Capital LLC acquired a new stake in The Growth for Good Acquisition Co (NASDAQ: GFGD).
This knowledge was gleaned from the company’s filing, so thank them for that.
The institutional investor purchased 166,900 shares of the company’s stock at approximately $1,647,000.
According to the most recent document that Aristeia Capital LLC submitted to the Securities and Exchange Commission, the company held a stake in Good Acquisition equivalent to 1.24% of the company’s growth.
Recent transactions have caused adjustments to the proportion of the company’s stock that hedge funds and other institutional investors hold.
These investors include pension funds, endowments, and foundations.
Bank of Montreal Can invest $5,050,000 in Growth for Good Acquisition during the third quarter of the fiscal year. Verition Fund Management LLC increased its holdings in Growth for Good Acquisition by making an additional investment of $3,667,000 during the second quarter, bringing the total amount of the company’s holdings to $5,070,000.
Millennium Management LLC successfully achieved a 66.6% increase in the size of its holdings in “Growth by Good Acquisition” over the second quarter.
Millennium Management LLC now has 1,415,771 shares worth a combined total of $13,846,000 after the purchase of an additional 566,000 shares during the period that came before the current one. Karpus Management INC increased the proportion of its Growth for Good Acquisition holdings, which is owned by 60.0% during the second quarter. Karpus Management INC made an additional purchase of 30,000 shares of the company’s stock throughout the period, bringing the total number of shares it currently owns to 80,000 with a value of $782,000.
In the second quarter, Peak6 Investments LLC showed an additional interest in the Growth for Good Acquisition for $978,000.
This brings us to our final point.
GFGD was initially traded for the first time on Thursday for $10.14. Growth for Good Acquisition Co shares fluctuates throughout the year within a band that extends from $9.63 to $10.60.
The moving average for the company over the previous 50 days is $10.08, but the moving average over the previous 200 days is only $9.95.
The Growth for Good Acquisition Corporation is not actively participating in significant commercial activities.
It is considering entering into a corporate combination with one or more companies, which could take the form of a merger, share exchange, acquisition of assets or shares, reorganization, or another similar corporate arrangement.
The company did not officially launch its operations until 2021, when it did so in New York, New York, where it had originally established its headquarters.
Discussion about this post