Wealthspring Capital LLC Cuts Stock Holdings in AlphaTime Acquisition Corp (NASDAQ:ATMC)

Wealthspring Capital LLC trimmed its position in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC) by 60.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,998 shares of the company’s stock after selling 29,402 shares during the quarter. Wealthspring Capital LLC owned approximately 0.28% of AlphaTime Acquisition worth $208,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in AlphaTime Acquisition in the 4th quarter valued at $536,000. Mizuho Securities USA LLC grew its stake in AlphaTime Acquisition by 94.3% in the 4th quarter. Mizuho Securities USA LLC now owns 250,000 shares of the company’s stock valued at $2,680,000 after acquiring an additional 121,325 shares during the period. HGC Investment Management Inc. acquired a new stake in AlphaTime Acquisition in the 4th quarter valued at $3,219,000. Finally, Glazer Capital LLC grew its stake in AlphaTime Acquisition by 0.3% in the 4th quarter. Glazer Capital LLC now owns 621,061 shares of the company’s stock valued at $6,664,000 after acquiring an additional 2,145 shares during the period. Institutional investors and hedge funds own 82.24% of the company’s stock.

AlphaTime Acquisition Price Performance

AlphaTime Acquisition stock opened at $11.07 on Monday. The company’s fifty day moving average price is $11.06 and its 200 day moving average price is $10.93. AlphaTime Acquisition Corp has a 1 year low of $10.38 and a 1 year high of $11.86.

AlphaTime Acquisition Company Profile

AlphaTime Acquisition Corp intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.