Taconic Capital Advisors LP purchased a new position in Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB – Get Rating) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 650,000 shares of the company's stock, valued at approximately $6,435,000. Taconic Capital Advisors LP owned about 0.09% of Atlantic Coastal Acquisition Corp. II as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. OMERS ADMINISTRATION Corp purchased a new stake in Atlantic Coastal Acquisition Corp. II during the first quarter valued at about $496,000. Berkley W R Corp acquired a new position in shares of Atlantic Coastal Acquisition Corp. II in the first quarter worth about $991,000. Sculptor Capital LP acquired a new position in shares of Atlantic Coastal Acquisition Corp. II in the first quarter worth about $991,000. Woodline Partners LP acquired a new stake in Atlantic Coastal Acquisition Corp. II during the first quarter valued at approximately $1,487,000. Finally, Glazer Capital LLC acquired a new stake in Atlantic Coastal Acquisition Corp. II during the first quarter valued at approximately $1,977,000. Hedge funds and other institutional investors own 1.00% of the company's stock.

Atlantic Coastal Acquisition Corp. II Stock Up 0.1 %

NASDAQ ACAB traded up $0.01 on Friday, hitting $10.02. 44,231 shares of the stock traded hands, compared to its average volume of 84,042. The company has a 50-day moving average price of $9.98. Atlantic Coastal Acquisition Corp. II has a twelve month low of $9.87 and a twelve month high of $10.02.

Atlantic Coastal Acquisition Corp. II Profile

Atlantic Coastal Acquisition Corp. II does not have significant operations. It 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. Atlantic Coastal Acquisition Corp.

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