Wolverine Asset Management LLC bought a new stake in shares of Valor Latitude Acquisition Corp. (OTCMKTS:VLATU – Get Rating) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 30,100 shares of the company's stock, valued at approximately $294,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clear Street LLC acquired a new stake in shares of Valor Latitude Acquisition in the 1st quarter worth approximately $178,000. Spartan Fund Management Inc. lifted its stake in shares of Valor Latitude Acquisition by 6,120.0% in the 2nd quarter. Spartan Fund Management Inc. now owns 50,817 shares of the company's stock worth $497,000 after acquiring an additional 50,000 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Valor Latitude Acquisition in the 1st quarter worth approximately $1,949,000.

Valor Latitude Acquisition Price Performance

Shares of OTCMKTS:VLATU opened at $9.93 on Monday. The company has a 50 day moving average of $9.87 and a 200-day moving average of $9.83. Valor Latitude Acquisition Corp. has a twelve month low of $9.17 and a twelve month high of $9.97.

Valor Latitude Acquisition Profile

Valor Latitude Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology sector in Latin America. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

Further Reading

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