Shaolin Capital Management LLC acquired a new stake in shares of PowerUp Acquisition Corp. (NASDAQ:PWUP – Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 250,000 shares of the company's stock, valued at approximately $2,535,000.
A number of other institutional investors have also recently bought and sold shares of PWUP. Sculptor Capital LP acquired a new stake in PowerUp Acquisition during the second quarter valued at $11,491,000. Millennium Management LLC acquired a new stake in PowerUp Acquisition during the second quarter valued at $10,978,000. Verition Fund Management LLC acquired a new stake in PowerUp Acquisition during the second quarter valued at $8,976,000. Linden Advisors LP acquired a new stake in PowerUp Acquisition during the second quarter valued at $6,487,000. Finally, Nomura Holdings Inc. acquired a new stake in PowerUp Acquisition during the second quarter valued at $2,995,000. Institutional investors and hedge funds own 82.32% of the company's stock.
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Shares of NASDAQ:PWUP opened at $10.44 on Friday. PowerUp Acquisition Corp. has a fifty-two week low of $9.94 and a fifty-two week high of $10.60. The business has a 50-day moving average of $10.36 and a two-hundred day moving average of $10.22.
PowerUp Acquisition Company Profile
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PowerUp Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure areas.
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