Verition Fund Management LLC acquired a new position in Papaya Growth Opportunity Corp. I (NASDAQ:PPYAW – Get Rating) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 199,900 shares of the company's stock, valued at approximately $1,997,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Spring Creek Capital LLC purchased a new stake in Papaya Growth Opportunity Corp. I in the 1st quarter worth approximately $101,000. Picton Mahoney Asset Management purchased a new stake in Papaya Growth Opportunity Corp. I in the 1st quarter worth approximately $52,000. Highbridge Capital Management LLC bought a new position in shares of Papaya Growth Opportunity Corp. I in the 1st quarter worth approximately $136,000. Radcliffe Capital Management L.P. bought a new position in shares of Papaya Growth Opportunity Corp. I in the 1st quarter worth approximately $3,477,000. Finally, Saba Capital Management L.P. bought a new position in shares of Papaya Growth Opportunity Corp. I in the 1st quarter worth approximately $166,000.

Papaya Growth Opportunity Corp. I Price Performance

Shares of NASDAQ:PPYAW opened at $0.12 on Friday. Papaya Growth Opportunity Corp. I has a 52-week low of $0.00 and a 52-week high of $0.34. The stock has a 50 day moving average price of $0.04 and a 200-day moving average price of $0.09.

Papaya Growth Opportunity Corp. I Profile

Papaya Growth Opportunity Corp. I focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on a diverse array of healthcare-related industries. Papaya Growth Opportunity Corp.

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