Glazer Capital LLC Cuts Stake in Spark I Acquisition Co. (NASDAQ:SPKL)

Glazer Capital LLC reduced its stake in shares of Spark I Acquisition Co. (NASDAQ:SPKL) by 6.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 130,661 shares of the company’s stock after selling 9,443 shares during the quarter. Glazer Capital LLC owned 0.80% of Spark I Acquisition worth $1,352,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Spark I Acquisition during the fourth quarter worth $257,000. ATW Spac Management LLC acquired a new position in Spark I Acquisition in the 4th quarter worth $341,000. Bulldog Investors LLP purchased a new position in Spark I Acquisition in the 4th quarter valued at about $492,000. Cohanzick Management LLC acquired a new stake in shares of Spark I Acquisition during the fourth quarter valued at about $760,000. Finally, K2 Principal Fund L.P. acquired a new stake in shares of Spark I Acquisition during the fourth quarter valued at about $1,195,000. 34.90% of the stock is owned by institutional investors and hedge funds.

Spark I Acquisition Stock Performance

Spark I Acquisition stock opened at $10.49 on Tuesday. Spark I Acquisition Co. has a 52 week low of $10.07 and a 52 week high of $11.35. The stock has a 50 day moving average of $10.44 and a 200-day moving average of $10.36.

Spark I Acquisition Profile

Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.