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AltC Acquisition Corp. (NYSE:ALCC) Shares Sold by Verition Fund Management LLC

Defense World ·  Dec 18, 2022 05:01

Verition Fund Management LLC decreased its stake in shares of AltC Acquisition Corp. (NYSE:ALCC – Get Rating) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 205,642 shares of the company's stock after selling 1,454 shares during the period. Verition Fund Management LLC owned approximately 0.40% of AltC Acquisition worth $1,984,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in AltC Acquisition during the 1st quarter valued at about $44,000. Condor Capital Management acquired a new position in shares of AltC Acquisition in the 2nd quarter worth approximately $89,000. Deltec Asset Management LLC acquired a new position in shares of AltC Acquisition in the 2nd quarter worth approximately $238,000. Sage Mountain Advisors LLC acquired a new position in shares of AltC Acquisition in the 2nd quarter worth approximately $331,000. Finally, Wealthspring Capital LLC acquired a new position in shares of AltC Acquisition in the 2nd quarter worth approximately $744,000. Institutional investors and hedge funds own 93.70% of the company's stock.

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AltC Acquisition Stock Down 0.2 %

Shares of ALCC opened at $9.86 on Friday. The firm's 50 day moving average is $9.83 and its 200-day moving average is $9.75. AltC Acquisition Corp. has a 12-month low of $9.60 and a 12-month high of $9.93.

AltC Acquisition Profile

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AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

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