Onyx Acquisition Co. I (NASDAQ:ONYXU – Get Rating) rose 0.1% on Wednesday . The company traded as high as $10.60 and last traded at $10.41. Approximately 500 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 2,300 shares. The stock had previously closed at $10.40.

Onyx Acquisition Co. I Price Performance

Hedge Funds Weigh In On Onyx Acquisition Co. I

A hedge fund recently bought a new stake in Onyx Acquisition Co. I stock. Highland Peak Capital LLC purchased a new stake in shares of Onyx Acquisition Co. I (NASDAQ:ONYXU – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 111,400 shares of the company's stock, valued at approximately $1,142,000. Onyx Acquisition Co. I accounts for approximately 0.8% of Highland Peak Capital LLC's investment portfolio, making the stock its 14th largest holding.

About Onyx Acquisition Co. I

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Onyx Acquisition Co I does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on general industrials sectors, such as aerospace and defense, air freight and logistics, airlines, building products, commercial services and supplies, construction and engineering, electrical equipment, industrial conglomerates, machinery, marine, professional services, road and rail, distributors, and transportation infrastructure, as well as the construction technology sector.

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