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Barclays PLC Makes New Investment in TPB Acquisition Co. I (NASDAQ:TPBA)

Defense World ·  Feb 4, 2023 05:31

Barclays PLC bought a new position in TPB Acquisition Co. I (NASDAQ:TPBA – Get Rating) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 191,362 shares of the company's stock, valued at approximately $1,898,000. Barclays PLC owned 0.83% of TPB Acquisition Co. I at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in TPBA. Sculptor Capital LP purchased a new stake in shares of TPB Acquisition Co. I in the 1st quarter worth $3,888,000. Hartree Partners LP purchased a new stake in shares of TPB Acquisition Co. I in the 2nd quarter worth $2,898,000. Finally, Radcliffe Capital Management L.P. purchased a new stake in shares of TPB Acquisition Co. I in the 1st quarter worth $186,000. 69.54% of the stock is currently owned by hedge funds and other institutional investors.

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TPB Acquisition Co. I Stock Performance

Shares of NASDAQ TPBA opened at $10.13 on Friday. TPB Acquisition Co. I has a 1-year low of $9.53 and a 1-year high of $10.60. The business has a fifty day moving average price of $10.02 and a 200 day moving average price of $9.90.

TPB Acquisition Co. I Company Profile

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TPB Acquisition Corporation I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities across the food, agriculture, biomanufacturing, and life sciences sectors.

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