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374,900 Shares in The Growth for Good Acquisition Co. (NASDAQ:GFGD) Purchased by Verition Fund Management LLC

Defense World ·  Dec 16, 2022 05:51

Verition Fund Management LLC acquired a new position in The Growth for Good Acquisition Co. (NASDAQ:GFGD – Get Rating) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 374,900 shares of the company's stock, valued at approximately $3,667,000. Verition Fund Management LLC owned approximately 2.79% of Growth for Good Acquisition as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Millennium Management LLC increased its holdings in Growth for Good Acquisition by 66.6% in the 2nd quarter. Millennium Management LLC now owns 1,415,771 shares of the company's stock worth $13,846,000 after buying an additional 566,000 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new position in Growth for Good Acquisition in the first quarter worth about $11,664,000. HITE Hedge Asset Management LLC purchased a new position in Growth for Good Acquisition in the first quarter worth about $10,692,000. Radcliffe Capital Management L.P. purchased a new position in Growth for Good Acquisition in the first quarter worth about $7,970,000. Finally, Bank of America Corp DE purchased a new position in Growth for Good Acquisition in the first quarter worth about $7,173,000.

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Growth for Good Acquisition Price Performance

Shares of NASDAQ:GFGD opened at $10.01 on Friday. The stock's 50-day simple moving average is $9.94 and its two-hundred day simple moving average is $9.84. The Growth for Good Acquisition Co. has a 52-week low of $9.60 and a 52-week high of $10.30.

Growth for Good Acquisition Company Profile

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The Growth for Good Acquisition Corporation 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 or entities. The company was incorporated in 2021 and is based in New York, New York.

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