Wolverine Asset Management LLC boosted its stake in IX Acquisition Corp. (NASDAQ:IXAQU – Get Rating) by 578.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,314 shares of the company's stock after buying an additional 4,531 shares during the quarter. Wolverine Asset Management LLC's holdings in IX Acquisition were worth $52,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IXAQU. Aristeia Capital LLC purchased a new position in IX Acquisition in the 4th quarter valued at about $9,712,000. Cubist Systematic Strategies LLC purchased a new position in IX Acquisition in the 4th quarter worth approximately $3,720,000. Sage Mountain Advisors LLC purchased a new position in IX Acquisition in the 4th quarter worth approximately $1,070,000. Wealthspring Capital LLC purchased a new position in IX Acquisition in the 4th quarter worth approximately $787,000. Finally, Bulldog Investors LLP purchased a new position in IX Acquisition in the 4th quarter worth approximately $491,000.

IX Acquisition Price Performance

IXAQU opened at $9.87 on Friday. The company's 50 day simple moving average is $9.86 and its two-hundred day simple moving average is $9.87. IX Acquisition Corp. has a 1-year low of $9.71 and a 1-year high of $10.92.

IX Acquisition Profile

IX 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. The company was incorporated in 2021 and is based in London, United Kingdom.

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