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Wolverine Asset Management LLC Grows Stock Position in Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU)

Defense World ·  Nov 2, 2022 08:01

Wolverine Asset Management LLC raised its holdings in Mountain & Co. I Acquisition Corp. (NASDAQ:MCAAU – Get Rating) by 192.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,377 shares of the company's stock after buying an additional 6,823 shares during the quarter. Wolverine Asset Management LLC's holdings in Mountain & Co. I Acquisition Corp. were worth $104,000 at the end of the most recent reporting period.

Separately, Spartan Fund Management Inc. purchased a new stake in Mountain & Co. I Acquisition Corp. in the first quarter valued at about $892,000.

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Mountain & Co. I Acquisition Corp. Stock Performance

Shares of NASDAQ:MCAAU opened at $10.30 on Wednesday. Mountain & Co. I Acquisition Corp. has a 52-week low of $10.02 and a 52-week high of $10.30. The business has a 50-day moving average price of $10.23 and a 200-day moving average price of $10.19.

Mountain & Co. I Acquisition Corp. Profile

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Mountain & Co I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities in consumer Internet and B2B digital infrastructure sectors.

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