Castle Creek Arbitrage LLC acquired a new position in LightJump Acquisition Co. (OTCMKTS:LJAQU) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 591,722 shares of the company’s stock, valued at approximately $5,888,000.
A number of other institutional investors have also modified their holdings of LJAQU. Panagora Asset Management Inc. acquired a new stake in LightJump Acquisition in the 1st quarter worth about $50,000. K.J. Harrison & Partners Inc acquired a new stake in LightJump Acquisition in the 1st quarter worth about $99,000. Smith Moore & CO. acquired a new position in shares of LightJump Acquisition in the 1st quarter valued at approximately $100,000. Morgan Stanley acquired a new position in shares of LightJump Acquisition in the 1st quarter valued at approximately $143,000. Finally, Verition Fund Management LLC acquired a new position in shares of LightJump Acquisition in the 1st quarter valued at approximately $146,000.
Shares of OTCMKTS:LJAQU traded up $0.03 during midday trading on Thursday, hitting $10.12. The stock had a trading volume of 6,633 shares, compared to its average volume of 66,411. The stock has a 50-day moving average price of $10.05. LightJump Acquisition Co. has a fifty-two week low of $9.87 and a fifty-two week high of $10.80.
LightJump Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in technology industry. The company was incorporated in 2020 and is based in Menlo Park, California.
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