Wolverine Asset Management LLC bought a new stake in shares of Atlantic Coastal Acquisition Corp. II (NASDAQ:ACABW – Get Rating) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 477,738 shares of the company's stock, valued at approximately $47,000.

Several other large investors also recently added to or reduced their stakes in the business. Picton Mahoney Asset Management bought a new stake in Atlantic Coastal Acquisition Corp. II during the first quarter valued at approximately $27,000. Basso Capital Management L.P. bought a new position in shares of Atlantic Coastal Acquisition Corp. II in the first quarter worth approximately $25,000. Goldman Sachs Group Inc. bought a new position in shares of Atlantic Coastal Acquisition Corp. II in the first quarter worth approximately $32,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of Atlantic Coastal Acquisition Corp. II in the first quarter worth approximately $40,000. Finally, Taconic Capital Advisors LP bought a new position in shares of Atlantic Coastal Acquisition Corp. II in the first quarter worth approximately $65,000.

Atlantic Coastal Acquisition Corp. II Price Performance

ACABW opened at $0.03 on Thursday. Atlantic Coastal Acquisition Corp. II has a 1-year low of $0.01 and a 1-year high of $0.22. The stock has a 50 day moving average price of $0.06.

Atlantic Coastal Acquisition Corp. II Company Profile

Atlantic Coastal Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in mobility sector. The company was incorporated in 2021 and is based in New York, New York.

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