According to the most recent Form 13F filing that R.P.
Investment Advisors L.P.
Made with the SEC, the company’s holdings in Frontier Acquisition Corp. (NASDAQ: FRON) were reduced by 50.0% in the third quarter.
The company provided this information. Following the completion of the transaction throughout the specified time frame, the institutional investor was left in possession of 450,000 shares of the company’s stock.
After the most recent financial quarter, R.P.
Investment Advisors L.P. held approximately 1.53% of Frontier Acquisition’s shares, with a combined value of $4,459,000.
Several institutional investors and hedge funds have recently changed their positions in the company, altering the number of holdings they already have by either increasing or decreasing the total number of their holdings.
During the second quarter of this year, Centiva Capital L.P.
Invested an additional one hundred thousand dollars into Frontier Acquisition, bringing its total investment to two million dollars.
During the second quarter, Mint Tower Capital Management B.V.
Made a purchase in Frontier Acquisition that cost close to $490,000 and acquired a new stake.
Mizuho Securities USA LLC increased its stake in Frontier Acquisition with an additional investment of approximately 520,000 dollars during the third quarter of the fiscal year.
During the first three months of the year, Verition Fund Management LLC invested more in Frontier Acquisition, totaling 704,000 dollars.
Last but not least, during the first three months of this year, Berkley W. R. Corporation saw a 190.5% increase in the percentage of Frontier Acquisition shares it held in its portfolio.
Berkley W. R. Corp. now owns 99,888 shares in the company, which have a combined value of $977,000 due to the purchase of an additional 65,500 shares during the most recent fiscal quarter.
This brings the total number of shares that the company holds to 99,888.
The outstanding shares of stock in the company are owned collectively by institutional investors and hedge funds to the extent of 62.67%.
On Friday, the price of one FRON increased by a single penny, bringing its total value to $10.18.
The average volume of transactions involving the company’s shares was 123,642, but the number of transactions that involved the company’s shares was significantly lower. For the past 50 days, the company’s prices have moved to a moving average of $10.11; for the past 200 days, those prices have moved to $9.99. Over the past year, the share price of Frontier Acquisition INC has fluctuated between $9.69 and $10.21, reaching an all-time low of $9.69 and an all-time high of $10.21, respectively.
Frontier Acquisition INC is a relatively small business that only uses a limited number of its available 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.
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