OLD Mission Capital LLC bought a new position in shares of OmniLit Acquisition Corp. (NASDAQ:OLIT – Get Rating) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,870 shares of the company's stock, valued at approximately $228,000. OLD Mission Capital LLC owned about 0.12% of OmniLit Acquisition as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. RiverPark Advisors LLC acquired a new position in OmniLit Acquisition in the first quarter valued at $76,000. Wolverine Asset Management LLC bought a new position in OmniLit Acquisition in the 2nd quarter valued at about $230,000. Kawa Capital Management Inc acquired a new position in OmniLit Acquisition during the 1st quarter valued at about $251,000. Spring Creek Capital LLC bought a new stake in OmniLit Acquisition during the 1st quarter worth approximately $299,000. Finally, Cohanzick Management LLC purchased a new stake in shares of OmniLit Acquisition in the first quarter worth approximately $611,000. Institutional investors own 52.99% of the company's stock.
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Shares of NASDAQ:OLIT opened at $10.13 on Friday. OmniLit Acquisition Corp. has a 12-month low of $9.84 and a 12-month high of $10.16. The business's 50 day moving average is $10.07 and its 200 day moving average is $10.03.
OmniLit Acquisition Company Profile
(Get Rating)OmniLit Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on transactions with companies and/or assets within the photonics or optics, and related sectors.
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