Clear Street LLC Grows Stake in Global Lights Acquisition Corp (NASDAQ:GLAC)

Clear Street LLC lifted its stake in Global Lights Acquisition Corp (NASDAQ:GLAC) by 1,402.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,792 shares of the company’s stock after purchasing an additional 12,874 shares during the quarter. Clear Street LLC owned 0.15% of Global Lights Acquisition worth $142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Cowen AND Company LLC increased its stake in Global Lights Acquisition by 1.0% during the 2nd quarter. Cowen AND Company LLC now owns 503,590 shares of the company’s stock valued at $5,189,000 after purchasing an additional 5,189 shares in the last quarter. Dakota Wealth Management purchased a new position in Global Lights Acquisition in the 2nd quarter worth approximately $297,000. Shaolin Capital Management LLC purchased a new position in Global Lights Acquisition in the 1st quarter worth approximately $2,324,000. Periscope Capital Inc. bought a new position in Global Lights Acquisition in the 1st quarter valued at approximately $1,018,000. Finally, CVI Holdings LLC bought a new stake in shares of Global Lights Acquisition in the 1st quarter worth $833,000. Institutional investors own 83.41% of the company’s stock.

Global Lights Acquisition Trading Up 0.5 %

NASDAQ GLAC opened at $10.48 on Thursday. The stock has a 50-day moving average of $10.39 and a 200 day moving average of $10.29. Global Lights Acquisition Corp has a one year low of $10.04 and a one year high of $10.48.

Global Lights Acquisition Profile

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.