Starboard Value LP purchased a new stake in Clean Earth Acquisitions Corp. (NASDAQ:CLIN – Get Rating) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 750,000 shares of the company's stock, valued at approximately $7,410,000. Starboard Value LP owned 3.14% of Clean Earth Acquisitions at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of CLIN. Hudson Bay Capital Management LP purchased a new position in Clean Earth Acquisitions during the 2nd quarter worth $9,880,000. Bank of Montreal Can bought a new stake in shares of Clean Earth Acquisitions during the 2nd quarter worth $1,344,000. Bracebridge Capital LLC bought a new stake in shares of Clean Earth Acquisitions during the 2nd quarter worth $5,928,000. Finally, Wolverine Asset Management LLC bought a new stake in shares of Clean Earth Acquisitions during the 2nd quarter worth $10,219,000. Institutional investors and hedge funds own 75.68% of the company's stock.

Clean Earth Acquisitions Trading Down 0.1 %

Shares of NASDAQ CLIN traded down $0.01 during mid-day trading on Friday, reaching $9.98. 900 shares of the company's stock were exchanged, compared to its average volume of 24,968. The firm has a 50-day moving average price of $9.92 and a two-hundred day moving average price of $9.88. Clean Earth Acquisitions Corp. has a 52 week low of $9.79 and a 52 week high of $10.01.

About Clean Earth Acquisitions

Clean Earth Acquisitions Corp. intends to acquire assets or businesses through a merger, capital stock exchange, stock purchase, reorganization, or similar business combination. It focuses on acquiring companies in the clean energy ecosystem, including carbon, hydrogen, sustainable agriculture, and renewable energy.

Further Reading

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