150,000 Shares in Globa Terra Acquisition Corp $GTERU Acquired by Picton Mahoney Asset Management

Picton Mahoney Asset Management purchased a new stake in shares of Globa Terra Acquisition Corp (NASDAQ:GTERU) in the third quarter, Holdings Channel.com reports. The fund purchased 150,000 shares of the company’s stock, valued at approximately $1,526,000.

Separately, BCK Capital Management LP bought a new stake in shares of Globa Terra Acquisition during the third quarter worth $943,000.

Globa Terra Acquisition Stock Performance

Shares of NASDAQ:GTERU opened at $10.42 on Friday. The business has a fifty day moving average of $10.34 and a 200-day moving average of $10.28. Globa Terra Acquisition Corp has a twelve month low of $10.03 and a twelve month high of $11.04.

Global Terra Acquisition Corp. (NASDAQ:GTERU) is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company was incorporated in Delaware in 2021 and completed its initial public offering later that year, listing its units on the New York Stock Exchange under the symbol GTERU. As of its IPO, the company does not have any ongoing operating business other than identifying and evaluating potential target companies for a business combination.

To date, Global Terra Acquisition Corp.