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Robinson Capital Management LLC Invests $332,000 in Relativity Acquisition Corp. (NASDAQ:RACY)

Financial News Live ·  Oct 26, 2022 14:03

Robinson Capital Management LLC acquired a new position in Relativity Acquisition Corp. (NASDAQ:RACY – Get Rating) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 33,000 shares of the company's stock, valued at approximately $332,000. Robinson Capital Management LLC owned approximately 0.18% of Relativity Acquisition at the end of the most recent quarter.

Relativity Acquisition Price Performance

Shares of RACY traded up $0.01 during trading hours on Wednesday, hitting $10.10. The stock had a trading volume of 5,017 shares, compared to its average volume of 6,552. The business's 50 day moving average is $10.04. Relativity Acquisition Corp. has a 1-year low of $9.94 and a 1-year high of $10.10.

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Relativity Acquisition Company Profile

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Relativity Acquisition Corp. does not have significant operations. It focuses on effecting a capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in Las Vegas, Nevada.

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