Picton Mahoney Asset Management acquired a new stake in Atlantic Coastal Acquisition Corp. II (NASDAQ:ACABW – Get Rating) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 125,000 shares of the company's stock, valued at approximately $27,000.

Separately, MMCAP International Inc. SPC purchased a new position in Atlantic Coastal Acquisition Corp. II in the first quarter valued at approximately $135,000.

Atlantic Coastal Acquisition Corp. II Trading Down 5.6 %

NASDAQ:ACABW opened at $0.09 on Monday. The stock's fifty day moving average is $0.09. Atlantic Coastal Acquisition Corp. II has a 1 year low of $0.03 and a 1 year high of $0.22.

Atlantic Coastal Acquisition Corp. II 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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