145,306 Shares in Four Leaf Acquisition Co. (NASDAQ:FORL) Bought by K2 Principal Fund L.P.

K2 Principal Fund L.P. bought a new position in Four Leaf Acquisition Co. (NASDAQ:FORL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 145,306 shares of the company’s stock, valued at approximately $1,587,000. K2 Principal Fund L.P. owned 2.22% of Four Leaf Acquisition at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP acquired a new position in shares of Four Leaf Acquisition during the 4th quarter worth about $57,000. ADAR1 Capital Management LLC acquired a new position in shares of Four Leaf Acquisition during the fourth quarter worth approximately $105,000. Tidal Investments LLC bought a new stake in shares of Four Leaf Acquisition in the first quarter valued at approximately $143,000. Robinson Capital Management LLC grew its stake in shares of Four Leaf Acquisition by 248.4% in the first quarter. Robinson Capital Management LLC now owns 25,242 shares of the company’s stock worth $274,000 after acquiring an additional 17,996 shares during the last quarter. Finally, Clear Street LLC bought a new position in Four Leaf Acquisition during the second quarter worth $320,000. Institutional investors and hedge funds own 72.96% of the company’s stock.

Insider Activity

In related news, major shareholder Aqr Capital Management Holding sold 75,000 shares of the business’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $10.98, for a total transaction of $823,500.00. Following the transaction, the insider now directly owns 60 shares in the company, valued at $658.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 19.80% of the stock is owned by company insiders.

Four Leaf Acquisition Stock Performance

NASDAQ:FORL opened at $11.00 on Tuesday. Four Leaf Acquisition Co. has a one year low of $10.46 and a one year high of $11.03. The company has a fifty day moving average price of $10.99 and a 200 day moving average price of $10.89.

Four Leaf Acquisition 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.