Yakira Capital Management Inc. purchased a new stake in Alset Capital Acquisition Corp. (NASDAQ:ACAXU – Get Rating) during the first quarter, HoldingsChannel reports. The firm purchased 350,000 shares of the company's stock, valued at approximately $3,528,000.
Separately, MMCAP International Inc. SPC bought a new position in Alset Capital Acquisition during the 1st quarter worth $1,966,000.
Get Alset Capital Acquisition alerts:Alset Capital Acquisition Stock Performance
ACAXU stock opened at $10.00 on Friday. The business's fifty day moving average price is $10.00 and its two-hundred day moving average price is $10.03. Alset Capital Acquisition Corp. has a fifty-two week low of $9.94 and a fifty-two week high of $11.19.
About Alset Capital Acquisition
(Get Rating)Alset Capital Acquisition Corp. 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 focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, as well as businesses and technologies targeting the real estate space.
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Want to see what other hedge funds are holding ACAXU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alset Capital Acquisition Corp. (NASDAQ:ACAXU – Get Rating).
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