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Tuttle Capital Management LLC Sells 14,621 Shares of International Media Acquisition Corp. (NASDAQ:IMAQ)

Financial News Live ·  Oct 23, 2022 09:51

Tuttle Capital Management LLC lowered its position in International Media Acquisition Corp. (NASDAQ:IMAQ – Get Rating) by 27.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,256 shares of the company's stock after selling 14,621 shares during the period. Tuttle Capital Management LLC owned approximately 0.13% of International Media Acquisition worth $382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of IMAQ. Spartan Fund Management Inc. bought a new stake in shares of International Media Acquisition during the 1st quarter worth approximately $1,239,000. Glazer Capital LLC purchased a new stake in International Media Acquisition in the first quarter worth $554,000. Goldman Sachs Group Inc. lifted its position in shares of International Media Acquisition by 50.4% during the first quarter. Goldman Sachs Group Inc. now owns 131,314 shares of the company's stock worth $1,301,000 after purchasing an additional 44,032 shares during the last quarter. Blackstone Inc. purchased a new stake in shares of International Media Acquisition during the first quarter valued at $852,000. Finally, Berkley W R Corp grew its holdings in shares of International Media Acquisition by 10.0% in the first quarter. Berkley W R Corp now owns 950,694 shares of the company's stock worth $9,421,000 after purchasing an additional 86,253 shares during the last quarter.

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International Media Acquisition Stock Down 0.2 %

IMAQ stock opened at $10.16 on Friday. International Media Acquisition Corp. has a 12 month low of $9.68 and a 12 month high of $10.20. The firm's 50-day moving average is $10.13 and its 200 day moving average is $10.03.

International Media Acquisition Profile

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International Media Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. The company was incorporated in 2021 and is based in North Brunswick, New Jersey.

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