Sage Mountain Advisors LLC purchased a new stake in AltC Acquisition Corp. (NYSE:ALCC – Get Rating) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 34,299 shares of the company's stock, valued at approximately $331,000. Sage Mountain Advisors LLC owned approximately 0.07% of AltC Acquisition as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Radcliffe Capital Management L.P. boosted its stake in shares of AltC Acquisition by 738.3% during the 1st quarter. Radcliffe Capital Management L.P. now owns 1,257,462 shares of the company's stock worth $12,273,000 after purchasing an additional 1,107,462 shares during the last quarter. Empyrean Capital Partners LP raised its holdings in AltC Acquisition by 29.3% in the first quarter. Empyrean Capital Partners LP now owns 4,847,126 shares of the company's stock valued at $47,308,000 after buying an additional 1,097,126 shares during the period. RP Investment Advisors LP purchased a new stake in shares of AltC Acquisition during the first quarter valued at approximately $8,190,000. Bank of Montreal Can purchased a new stake in shares of AltC Acquisition during the first quarter valued at approximately $3,585,000. Finally, Sculptor Capital LP purchased a new stake in shares of AltC Acquisition during the first quarter valued at approximately $2,217,000. Hedge funds and other institutional investors own 93.70% of the company's stock.

AltC Acquisition Price Performance

ALCC stock opened at $9.78 on Wednesday. The firm has a 50 day simple moving average of $9.74 and a 200-day simple moving average of $9.72. AltC Acquisition Corp. has a twelve month low of $9.60 and a twelve month high of $10.16.

About AltC Acquisition

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

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