Picton Mahoney Asset Management purchased a new position in D. Boral ARC Acquisition I Corp. (NASDAQ:BCARU – Free Report) during the third quarter, Holdings Channel reports. The institutional investor purchased 275,000 shares of the company’s stock, valued at approximately $2,750,000.
Separately, BCK Capital Management LP bought a new position in shares of D. Boral ARC Acquisition I in the 3rd quarter worth about $696,000.
D. Boral ARC Acquisition I Stock Performance
Shares of BCARU stock opened at $10.85 on Friday. D. Boral ARC Acquisition I Corp. has a fifty-two week low of $9.90 and a fifty-two week high of $11.84. The stock has a 50 day simple moving average of $10.91 and a two-hundred day simple moving average of $10.45.
About D. Boral ARC Acquisition I
We are a blank check company incorporated on March 20, 2025 as a BVI business company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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