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Walleye Capital LLC Takes $2.35 Million Position in FTAC Emerald Acquisition Corp. (NASDAQ:EMLD)

Defense World ·  Sep 17, 2022 04:52

Walleye Capital LLC acquired a new stake in shares of FTAC Emerald Acquisition Corp. (NASDAQ:EMLD – Get Rating) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 239,979 shares of the company's stock, valued at approximately $2,345,000. Walleye Capital LLC owned about 2.49% of FTAC Emerald Acquisition as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Aristeia Capital LLC acquired a new position in shares of FTAC Emerald Acquisition during the first quarter valued at about $7,324,000. RP Investment Advisors LP acquired a new position in FTAC Emerald Acquisition in the first quarter worth about $5,862,000. Sage Mountain Advisors LLC acquired a new position in FTAC Emerald Acquisition in the first quarter worth about $126,000. MMCAP International Inc. SPC acquired a new position in FTAC Emerald Acquisition in the first quarter worth about $3,420,000. Finally, HBK Investments L P acquired a new position in FTAC Emerald Acquisition in the first quarter worth about $7,328,000.

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FTAC Emerald Acquisition Stock Up 0.1 %

NASDAQ EMLD opened at $9.86 on Friday. The company has a 50 day moving average of $9.83 and a 200-day moving average of $9.80. FTAC Emerald Acquisition Corp. has a 1-year low of $9.55 and a 1-year high of $9.87.

About FTAC Emerald Acquisition

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FTAC Emerald Acquisition 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 focus on businesses in clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.

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