Bleichroeder Acquisition Corp. I $BACQ Shares Acquired by Radcliffe Capital Management L.P.

Radcliffe Capital Management L.P. grew its holdings in Bleichroeder Acquisition Corp. I (NASDAQ:BACQ) by 628.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 912,239 shares of the company’s stock after purchasing an additional 786,939 shares during the quarter. Bleichroeder Acquisition Corp. I accounts for about 0.6% of Radcliffe Capital Management L.P.’s holdings, making the stock its 20th biggest holding. Radcliffe Capital Management L.P. owned about 2.70% of Bleichroeder Acquisition Corp. I worth $9,487,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Bleichroeder Acquisition Corp. I during the 2nd quarter worth approximately $4,648,000. Meteora Capital LLC acquired a new position in shares of Bleichroeder Acquisition Corp. I in the second quarter worth $25,674,000. Berkley W R Corp grew its stake in shares of Bleichroeder Acquisition Corp. I by 121.3% in the second quarter. Berkley W R Corp now owns 1,211,019 shares of the company’s stock worth $12,486,000 after acquiring an additional 663,884 shares in the last quarter. Magnetar Financial LLC purchased a new stake in shares of Bleichroeder Acquisition Corp. I during the second quarter worth $3,102,000. Finally, Alberta Investment Management Corp purchased a new stake in shares of Bleichroeder Acquisition Corp. I during the second quarter worth $7,748,000.

Bleichroeder Acquisition Corp. I Stock Up 0.4%

Shares of NASDAQ:BACQ opened at $8.34 on Friday. The firm’s 50 day moving average price is $10.42 and its 200 day moving average price is $10.62. Bleichroeder Acquisition Corp. I has a fifty-two week low of $7.76 and a fifty-two week high of $13.21.

Bleichroeder Acquisition Corp. I (NASDAQ:BACQ) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.04 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Bleichroeder Acquisition Corp. I in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

About Bleichroeder Acquisition Corp. I

Bleichroeder Acquisition Corp. I is a Delaware-incorporated special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses. The company does not presently have operations of its own and intends to seek opportunities primarily in sectors where its sponsor, Bleichroeder & Co, holds expertise, including financial services, industrials and technology.

The company’s strategy involves raising capital through an initial public offering (IPO) to finance acquisition targets and working closely with management teams to drive growth and operational improvements.