GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of Spark I Acquisition Co. (NASDAQ:SPKL – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,300 shares of the company’s stock, valued at approximately $257,000. GABELLI & Co INVESTMENT ADVISERS INC. owned about 0.15% of Spark I Acquisition as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also modified their holdings of the company. Cohanzick Management LLC acquired a new stake in shares of Spark I Acquisition in the 4th quarter worth $760,000. Kim LLC purchased a new stake in shares of Spark I Acquisition during the fourth quarter worth about $1,521,000. Cowen AND Company LLC acquired a new position in shares of Spark I Acquisition during the fourth quarter valued at about $879,000. Picton Mahoney Asset Management purchased a new position in shares of Spark I Acquisition in the 4th quarter valued at approximately $2,536,000. Finally, Schechter Investment Advisors LLC purchased a new position in shares of Spark I Acquisition in the 4th quarter valued at approximately $2,313,000. 34.90% of the stock is currently owned by institutional investors.
Spark I Acquisition Price Performance
Shares of NASDAQ SPKL traded up $0.02 during mid-day trading on Wednesday, hitting $10.35. The stock had a trading volume of 25,797 shares, compared to its average volume of 22,634. The stock’s 50 day moving average price is $10.30. Spark I Acquisition Co. has a twelve month low of $10.07 and a twelve month high of $11.35.
About Spark I Acquisition
Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.
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