Clear Street LLC Makes New $182,000 Investment in Denali Capital Acquisition Corp. (NASDAQ:DECA)

Clear Street LLC acquired a new stake in shares of Denali Capital Acquisition Corp. (NASDAQ:DECA) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,264 shares of the company’s stock, valued at approximately $182,000.

Other institutional investors also recently modified their holdings of the company. Quarry LP bought a new stake in Denali Capital Acquisition during the 4th quarter valued at $1,273,000. Cohanzick Management LLC acquired a new position in shares of Denali Capital Acquisition during the fourth quarter valued at about $2,098,000. Finally, Glazer Capital LLC grew its holdings in shares of Denali Capital Acquisition by 133.3% during the fourth quarter. Glazer Capital LLC now owns 310,944 shares of the company’s stock valued at $3,430,000 after buying an additional 177,640 shares during the last quarter.

Denali Capital Acquisition Stock Performance

DECA opened at $11.44 on Thursday. Denali Capital Acquisition Corp. has a fifty-two week low of $4.05 and a fifty-two week high of $14.10. The company’s 50-day moving average is $11.46 and its 200 day moving average is $9.10.

Denali Capital Acquisition Profile

Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. It intends to complete a business combination with companies primarily operating in the technology, consumer, and hospitality sectors.