Glazer Capital LLC Has $3.04 Million Position in Global Lights Acquisition Corp (NASDAQ:GLAC)

Glazer Capital LLC cut its stake in shares of Global Lights Acquisition Corp (NASDAQ:GLAC) by 1.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 294,885 shares of the company’s stock after selling 5,115 shares during the quarter. Glazer Capital LLC owned approximately 3.29% of Global Lights Acquisition worth $3,039,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. K2 Principal Fund L.P. bought a new position in shares of Global Lights Acquisition during the 4th quarter worth about $136,000. Clear Street LLC raised its stake in Global Lights Acquisition by 1,402.4% during the 2nd quarter. Clear Street LLC now owns 13,792 shares of the company’s stock worth $142,000 after buying an additional 12,874 shares during the period. Dakota Wealth Management bought a new position in Global Lights Acquisition in the second quarter worth approximately $297,000. CVI Holdings LLC acquired a new stake in Global Lights Acquisition in the first quarter valued at approximately $833,000. Finally, Cohanzick Management LLC bought a new stake in shares of Global Lights Acquisition during the fourth quarter valued at approximately $1,009,000. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Global Lights Acquisition Stock Performance

Shares of GLAC opened at $10.43 on Tuesday. The business’s fifty day moving average is $10.40 and its 200 day moving average is $10.30. Global Lights Acquisition Corp has a 12-month low of $10.04 and a 12-month high of $10.48.

Global Lights Acquisition Company Profile

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.