Glazer Capital LLC Sells 1,747 Shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII)

Glazer Capital LLC reduced its position in Spring Valley Acquisition Corp. II (NASDAQ:SVII) by 0.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 982,044 shares of the company’s stock after selling 1,747 shares during the quarter. Spring Valley Acquisition Corp. II comprises about 0.9% of Glazer Capital LLC’s holdings, making the stock its 29th biggest holding. Glazer Capital LLC owned 4.40% of Spring Valley Acquisition Corp. II worth $10,920,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Berkley W R Corp lifted its stake in Spring Valley Acquisition Corp. II by 78.0% in the 2nd quarter. Berkley W R Corp now owns 1,101,435 shares of the company’s stock worth $12,237,000 after purchasing an additional 482,767 shares in the last quarter. Bulldog Investors LLP raised its position in shares of Spring Valley Acquisition Corp. II by 505.2% in the fourth quarter. Bulldog Investors LLP now owns 490,712 shares of the company’s stock worth $5,301,000 after buying an additional 409,632 shares in the last quarter. Mizuho Securities USA LLC purchased a new stake in shares of Spring Valley Acquisition Corp. II in the first quarter worth $3,893,000. Hsbc Holdings PLC bought a new stake in Spring Valley Acquisition Corp. II during the fourth quarter valued at $2,178,000. Finally, Sandia Investment Management LP purchased a new position in Spring Valley Acquisition Corp. II during the first quarter worth about $1,015,000. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Performance

Shares of NASDAQ SVII opened at $11.23 on Tuesday. The stock’s 50-day simple moving average is $11.18 and its two-hundred day simple moving average is $11.10. Spring Valley Acquisition Corp. II has a twelve month low of $10.72 and a twelve month high of $11.25.

Spring Valley Acquisition Corp. II Company Profile

Spring Valley Acquisition Corp. II does not have significant operations. It intends effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Dallas, Texas.