Glazer Capital LLC Decreases Stock Holdings in Four Leaf Acquisition Co. (NASDAQ:FORL)

Glazer Capital LLC lowered its stake in Four Leaf Acquisition Co. (NASDAQ:FORL) by 6.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 114,003 shares of the company’s stock after selling 7,443 shares during the quarter. Glazer Capital LLC owned 1.74% of Four Leaf Acquisition worth $1,245,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Bulldog Investors LLP boosted its stake in shares of Four Leaf Acquisition by 296.5% in the 4th quarter. Bulldog Investors LLP now owns 229,265 shares of the company’s stock worth $2,411,000 after buying an additional 171,448 shares during the last quarter. Tidal Investments LLC bought a new position in Four Leaf Acquisition in the first quarter valued at about $143,000. Tuttle Capital Management LLC purchased a new position in Four Leaf Acquisition in the first quarter worth about $322,000. Wealthspring Capital LLC bought a new stake in shares of Four Leaf Acquisition during the 1st quarter valued at about $722,000. Finally, Karpus Management Inc. increased its position in shares of Four Leaf Acquisition by 49.9% during the 4th quarter. Karpus Management Inc. now owns 261,400 shares of the company’s stock valued at $2,747,000 after purchasing an additional 86,988 shares during the last quarter. Institutional investors own 72.96% of the company’s stock.

Four Leaf Acquisition Price Performance

FORL opened at $11.00 on Tuesday. The company’s 50 day moving average is $10.99 and its 200 day moving average is $10.89. Four Leaf Acquisition Co. has a 12-month low of $10.46 and a 12-month high of $11.03.

Insiders Place Their Bets

In related news, major shareholder Aqr Capital Management Holding sold 75,000 shares of the firm’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $10.98, for a total value of $823,500.00. Following the transaction, the insider now directly owns 60 shares of the company’s stock, valued at approximately $658.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 19.80% of the company’s stock.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.