Wealthspring Capital LLC lifted its position in shares of Revelstone Capital Acquisition Corp. (NASDAQ:RCACU – Get Rating) by 327.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,165 shares of the company's stock after acquiring an additional 49,925 shares during the quarter. Wealthspring Capital LLC's holdings in Revelstone Capital Acquisition were worth $643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of RCACU. Robinson Capital Management LLC acquired a new stake in shares of Revelstone Capital Acquisition during the fourth quarter valued at about $265,000. Mariner Investment Group LLC bought a new position in Revelstone Capital Acquisition in the 4th quarter valued at approximately $198,000. Radcliffe Capital Management L.P. acquired a new stake in Revelstone Capital Acquisition during the 4th quarter worth approximately $10,728,000. Sandia Investment Management LP bought a new stake in Revelstone Capital Acquisition during the 4th quarter worth approximately $7,448,000. Finally, Whitebox Advisors LLC bought a new position in shares of Revelstone Capital Acquisition during the fourth quarter valued at $497,000.

Revelstone Capital Acquisition Price Performance

Shares of Revelstone Capital Acquisition stock opened at $9.93 on Friday. Revelstone Capital Acquisition Corp. has a twelve month low of $9.71 and a twelve month high of $10.10. The company's fifty day moving average is $9.85 and its 200 day moving average is $9.89.

Revelstone Capital Acquisition Profile

Revelstone Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the consumer, media, and/or technology markets. The company was incorporated in 2021 and is based in Irvine, California.

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