Harraden Circle Investments LLC Buys New Position in Blue Water Acquisition Corp. III $BLUWU

Harraden Circle Investments LLC bought a new stake in shares of Blue Water Acquisition Corp. III (NASDAQ:BLUWU) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 2,190,700 shares of the company’s stock, valued at approximately $22,959,000. Blue Water Acquisition Corp. III makes up 2.3% of Harraden Circle Investments LLC’s holdings, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Blue Water Acquisition Corp. III in the 3rd quarter worth approximately $100,000. Susquehanna International Group LLP bought a new stake in Blue Water Acquisition Corp. III during the third quarter worth approximately $158,000. Jane Street Group LLC bought a new stake in Blue Water Acquisition Corp. III during the second quarter worth approximately $197,000. Anson Funds Management LP acquired a new stake in Blue Water Acquisition Corp. III in the fourth quarter worth approximately $1,055,000. Finally, Lineage Point Capital LP acquired a new stake in Blue Water Acquisition Corp. III in the second quarter worth approximately $1,250,000.

Blue Water Acquisition Corp. III Stock Up 4.8%

Shares of NASDAQ BLUWU opened at $11.01 on Friday. The stock has a fifty day moving average price of $10.55 and a two-hundred day moving average price of $10.55. Blue Water Acquisition Corp. III has a 1 year low of $10.00 and a 1 year high of $12.85.

Blue Water Acquisition Corp. III Company Profile

Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) incorporated in Delaware in March 2021 and listed on the Nasdaq under the ticker symbol BLUWU. As a blank‐check company, its primary objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

The company is sponsored by affiliates of Blue Water Acquisition Holdings III LLC and seeks to leverage its management team’s experience to target opportunities in sectors such as financial technology, consumer products and services, and business services.