Glazer Capital LLC Invests $2.76 Million in GP-Act III Acquisition Corp. (NASDAQ:GPATU)

Glazer Capital LLC purchased a new stake in GP-Act III Acquisition Corp. (NASDAQ:GPATU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 275,100 shares of the company’s stock, valued at approximately $2,759,000.

Several other institutional investors have also recently bought and sold shares of the business. TrueMark Investments LLC purchased a new stake in shares of GP-Act III Acquisition in the second quarter worth approximately $178,000. Picton Mahoney Asset Management bought a new position in GP-Act III Acquisition during the 2nd quarter valued at $18,807,000. Cowen AND Company LLC purchased a new position in GP-Act III Acquisition during the 2nd quarter worth $11,890,000. Condor Capital Management bought a new stake in shares of GP-Act III Acquisition in the 2nd quarter worth $196,000. Finally, Highbridge Capital Management LLC bought a new position in shares of GP-Act III Acquisition during the second quarter valued at about $100,000.

GP-Act III Acquisition Price Performance

Shares of GPATU stock opened at $10.08 on Tuesday. GP-Act III Acquisition Corp. has a 52-week low of $10.02 and a 52-week high of $10.10. The stock has a 50-day moving average price of $10.07.

GP-Act III Acquisition Profile

GP-Act III Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as GP Investments Acquisition Corp. II and changed its name to GP-Act III Acquisition Corp.