MMCAP International Inc. SPC acquired a new position in Fintech Ecosystem Development Corp. (NASDAQ:FEXD – Get Rating) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 400,000 shares of the company's stock, valued at approximately $3,976,000.
Separately, Karpus Management Inc. acquired a new position in Fintech Ecosystem Development during the 1st quarter valued at $5,031,000.
Get Fintech Ecosystem Development alerts:Fintech Ecosystem Development Stock Performance
NASDAQ:FEXD remained flat at $10.04 during trading hours on Thursday. 21 shares of the company traded hands, compared to its average volume of 57,110. Fintech Ecosystem Development Corp. has a 1 year low of $9.82 and a 1 year high of $10.55. The company's fifty day moving average is $10.01.
Fintech Ecosystem Development Company Profile
(Get Rating)Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology sector in South Asia.
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