Sage Mountain Advisors LLC trimmed its position in shares of Sagaliam Acquisition Corp. (NASDAQ:SAGAU – Get Rating) by 38.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,000 shares of the company's stock after selling 8,650 shares during the quarter. Sage Mountain Advisors LLC's holdings in Sagaliam Acquisition were worth $140,000 as of its most recent SEC filing.

Separately, Flow Traders U.S. LLC acquired a new stake in shares of Sagaliam Acquisition during the second quarter valued at about $138,000.

Sagaliam Acquisition Price Performance

Shares of SAGAU stock opened at $10.55 on Thursday. The business's 50-day moving average price is $10.23 and its 200-day moving average price is $10.12. Sagaliam Acquisition Corp. has a 12 month low of $9.90 and a 12 month high of $11.74.

Sagaliam Acquisition Profile

Sagaliam Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the telecommunications, media, and technology industries. The company was incorporated in 2021 and is based in Los Angeles, California.

Further Reading

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