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350,000 Shares in Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) Acquired by Starboard Value LP

Financial News Live ·  Nov 26, 2022 10:51

Starboard Value LP purchased a new stake in Aura FAT Projects Acquisition Corp (NASDAQ:AFAR – Get Rating) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 350,000 shares of the company's stock, valued at approximately $3,483,000. Starboard Value LP owned about 2.42% of Aura FAT Projects Acquisition as of its most recent SEC filing.

Separately, Warberg Asset Management LLC purchased a new position in Aura FAT Projects Acquisition in the second quarter valued at approximately $248,000. Institutional investors own 45.62% of the company's stock.

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Aura FAT Projects Acquisition Stock Up 0.1 %

Aura FAT Projects Acquisition stock traded up $0.01 during mid-day trading on Friday, hitting $10.16. The company had a trading volume of 42,940 shares, compared to its average volume of 4,028. The business has a fifty day moving average of $10.09. Aura FAT Projects Acquisition Corp has a 1 year low of $9.83 and a 1 year high of $10.19.

About Aura FAT Projects Acquisition

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Aura FAT Projects 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 technology companies in Southeast Asia, Australia, and New Zealand.

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