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Ergoteles LLC Sells 10,000 Shares of Global Blockchain Acquisition Corp. (NASDAQ:GBBK)

Defense World ·  Mar 9, 2023 05:15

Ergoteles LLC lowered its stake in shares of Global Blockchain Acquisition Corp. (NASDAQ:GBBK – Get Rating) by 50.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,000 shares of the company's stock after selling 10,000 shares during the quarter. Ergoteles LLC owned 0.21% of Global Blockchain Acquisition worth $100,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of GBBK. CVI Holdings LLC purchased a new stake in shares of Global Blockchain Acquisition in the 2nd quarter worth $6,163,000. Starboard Value LP purchased a new stake in shares of Global Blockchain Acquisition in the 2nd quarter worth $5,904,000. Castle Creek Arbitrage LLC purchased a new stake in shares of Global Blockchain Acquisition in the 2nd quarter worth $3,684,000. Wolverine Asset Management LLC lifted its holdings in shares of Global Blockchain Acquisition by 41.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 829,362 shares of the company's stock worth $8,185,000 after buying an additional 244,362 shares during the period. Finally, Walleye Capital LLC purchased a new stake in shares of Global Blockchain Acquisition in the 2nd quarter worth $2,203,000.

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Global Blockchain Acquisition Trading Up 0.1 %

Shares of GBBK stock opened at $10.25 on Thursday. Global Blockchain Acquisition Corp. has a twelve month low of $9.75 and a twelve month high of $10.62. The stock has a fifty day simple moving average of $10.17 and a two-hundred day simple moving average of $10.01.

About Global Blockchain Acquisition

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Global Blockchain 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 pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.

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