132,725 Shares in Zalatoris Acquisition Corp. (NYSE:TCOA) Acquired by K2 Principal Fund L.P.

K2 Principal Fund L.P. acquired a new position in shares of Zalatoris Acquisition Corp. (NYSE:TCOA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 132,725 shares of the company’s stock, valued at approximately $1,460,000. K2 Principal Fund L.P. owned approximately 1.24% of Zalatoris Acquisition as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Warberg Asset Management LLC lifted its holdings in Zalatoris Acquisition by 81.7% during the 2nd quarter. Warberg Asset Management LLC now owns 67,420 shares of the company’s stock worth $745,000 after purchasing an additional 30,317 shares during the last quarter. Quarry LP acquired a new position in shares of Zalatoris Acquisition during the fourth quarter worth $1,876,000. Finally, Wolverine Asset Management LLC boosted its holdings in Zalatoris Acquisition by 22.1% in the second quarter. Wolverine Asset Management LLC now owns 205,894 shares of the company’s stock valued at $2,281,000 after acquiring an additional 37,287 shares during the last quarter. Institutional investors and hedge funds own 55.82% of the company’s stock.

Zalatoris Acquisition Price Performance

TCOA stock opened at $11.07 on Tuesday. Zalatoris Acquisition Corp. has a 1-year low of $10.50 and a 1-year high of $11.15. The stock has a 50-day moving average price of $11.06 and a 200-day moving average price of $11.02.

Zalatoris Acquisition Profile

Zalatoris Acquisition Corp. does not have significant operations. It focuses on effecting a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify business opportunities in the field of technology-driven business.