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Robinson Capital Management LLC Purchases Shares of 32,000 Redwoods Acquisition Corp. (NASDAQ:RWOD)

Financial News Live ·  Oct 26, 2022 19:53

Robinson Capital Management LLC purchased a new stake in shares of Redwoods Acquisition Corp. (NASDAQ:RWOD – Get Rating) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 32,000 shares of the company's stock, valued at approximately $315,000. Robinson Capital Management LLC owned approximately 0.96% of Redwoods Acquisition at the end of the most recent quarter.

Separately, Wolverine Asset Management LLC acquired a new position in Redwoods Acquisition during the 2nd quarter valued at approximately $2,720,000.

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Redwoods Acquisition Price Performance

Redwoods Acquisition stock remained flat at $9.94 during mid-day trading on Wednesday. 2 shares of the company's stock were exchanged. Redwoods Acquisition Corp. has a twelve month low of $9.78 and a twelve month high of $10.03. The firm's fifty day simple moving average is $9.91.

About Redwoods Acquisition

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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.

Further Reading

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