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GABELLI & Co INVESTMENT ADVISERS INC. Acquires New Stake in Redwoods Acquisition Corp. (NASDAQ:RWODU)

Defense World ·  Sep 14, 2022 04:31

GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Redwoods Acquisition Corp. (NASDAQ:RWODU – Get Rating) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 100,000 shares of the company's stock, valued at approximately $1,003,000.

Redwoods Acquisition Trading Up 0.5 %

RWODU opened at $10.04 on Wednesday. Redwoods Acquisition Corp. has a 52 week low of $9.02 and a 52 week high of $10.64. The firm's fifty day moving average is $10.01.

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Redwoods Acquisition Profile

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Redwoods Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. In intends to focus on businesses in the carbon neutral and energy storage industries.

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