K2 Principal Fund L.P. Acquires Shares of 114,139 Distoken Acquisition Co. (NASDAQ:DIST)

K2 Principal Fund L.P. bought a new stake in shares of Distoken Acquisition Co. (NASDAQ:DIST) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 114,139 shares of the company’s stock, valued at approximately $1,227,000. K2 Principal Fund L.P. owned about 1.78% of Distoken Acquisition as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in DIST. Cantor Fitzgerald L. P. acquired a new position in Distoken Acquisition in the fourth quarter valued at about $109,000. Cowen AND Company LLC boosted its stake in shares of Distoken Acquisition by 65.1% during the 2nd quarter. Cowen AND Company LLC now owns 40,000 shares of the company’s stock worth $431,000 after buying an additional 15,768 shares during the last quarter. Clear Street LLC increased its position in shares of Distoken Acquisition by 9,908.7% during the 2nd quarter. Clear Street LLC now owns 112,898 shares of the company’s stock worth $1,217,000 after purchasing an additional 111,770 shares during the last quarter. Periscope Capital Inc. increased its holdings in Distoken Acquisition by 3.2% during the first quarter. Periscope Capital Inc. now owns 154,734 shares of the company’s stock worth $1,665,000 after buying an additional 4,734 shares during the last quarter. Finally, Berkley W R Corp bought a new position in Distoken Acquisition during the fourth quarter worth about $1,785,000. Institutional investors own 63.68% of the company’s stock.

Distoken Acquisition Price Performance

DIST stock opened at $10.87 on Tuesday. The business’s 50 day simple moving average is $10.82 and its 200 day simple moving average is $10.78. Distoken Acquisition Co. has a 1-year low of $10.49 and a 1-year high of $12.35.

About Distoken Acquisition

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.