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Revelstone Capital Acquisition Corp. (NASDAQ:RCACU) Shares Sold by Wealthspring Capital LLC

Defense World ·  Oct 4, 2022 05:51

Wealthspring Capital LLC decreased its holdings in shares of Revelstone Capital Acquisition Corp. (NASDAQ:RCACU – Get Rating) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 59,325 shares of the company's stock after selling 5,840 shares during the period. Wealthspring Capital LLC's holdings in Revelstone Capital Acquisition were worth $584,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Saba Capital Management L.P. acquired a new stake in Revelstone Capital Acquisition during the 4th quarter worth approximately $7,908,000. Beryl Capital Management LLC purchased a new stake in shares of Revelstone Capital Acquisition during the fourth quarter worth approximately $4,965,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Revelstone Capital Acquisition during the fourth quarter worth $3,603,000. Wolverine Asset Management LLC purchased a new position in Revelstone Capital Acquisition in the 1st quarter valued at $513,000. Finally, Virtu Financial LLC acquired a new position in Revelstone Capital Acquisition in the 1st quarter valued at $144,000.

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Revelstone Capital Acquisition Stock Performance

Shares of Revelstone Capital Acquisition stock opened at $9.86 on Tuesday. The firm has a fifty day moving average of $9.89 and a two-hundred day moving average of $9.88. Revelstone Capital Acquisition Corp. has a one year low of $9.54 and a one year high of $10.10.

About Revelstone Capital Acquisition

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Revelstone Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the consumer, media, and/or technology markets. The company was incorporated in 2021 and is based in Irvine, California.

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