Andina Acquisition Corp. III (NASDAQ:AMCI) major shareholder Glazer Capital, Llc sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $10.35, for a total value of $103,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Glazer Capital, Llc also recently made the following trade(s):

  • On Tuesday, October 13th, Glazer Capital, Llc sold 395,983 shares of Andina Acquisition Corp. III stock. The shares were sold at an average price of $10.36, for a total value of $4,102,383.88.
  • On Tuesday, September 22nd, Glazer Capital, Llc sold 50,000 shares of Andina Acquisition Corp. III stock. The stock was sold at an average price of $10.96, for a total value of $548,000.00.
  • On Friday, September 18th, Glazer Capital, Llc sold 1 shares of Andina Acquisition Corp. III stock. The shares were sold at an average price of $10.55, for a total transaction of $10.55.
  • On Wednesday, September 16th, Glazer Capital, Llc sold 8,167 shares of Andina Acquisition Corp. III stock. The stock was sold at an average price of $10.54, for a total transaction of $86,080.18.

NASDAQ:AMCI opened at $10.31 on Friday. The company has a 50-day moving average price of $10.35 and a 200-day moving average price of $10.28. Andina Acquisition Corp. III has a 12 month low of $9.85 and a 12 month high of $10.92.

A number of hedge funds have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP lifted its holdings in Andina Acquisition Corp. III by 94.6% in the second quarter. Hudson Bay Capital Management LP now owns 2,601,100 shares of the company’s stock worth $26,583,000 after buying an additional 1,264,800 shares during the period. Deutsche Bank AG raised its position in shares of Andina Acquisition Corp. III by 45,354.3% in the 1st quarter. Deutsche Bank AG now owns 999,995 shares of the company’s stock worth $10,160,000 after acquiring an additional 997,795 shares in the last quarter. Weiss Asset Management LP raised its position in shares of Andina Acquisition Corp. III by 932.1% in the 2nd quarter. Weiss Asset Management LP now owns 678,383 shares of the company’s stock worth $6,933,000 after acquiring an additional 612,654 shares in the last quarter. Mizuho Securities USA LLC lifted its stake in shares of Andina Acquisition Corp. III by 119.9% in the 2nd quarter. Mizuho Securities USA LLC now owns 998,700 shares of the company’s stock valued at $10,197,000 after purchasing an additional 544,590 shares during the period. Finally, Glazer Capital LLC boosted its position in shares of Andina Acquisition Corp. III by 16.7% during the second quarter. Glazer Capital LLC now owns 2,092,538 shares of the company’s stock valued at $21,386,000 after purchasing an additional 298,783 shares in the last quarter. 68.22% of the stock is owned by institutional investors.

Andina Acquisition Corp. III Company Profile

AMCI Acquisition Corp. does not have significant operations. It intends to have a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2018 and is based in Greensburg, Pennsylvania.

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