Lineage Point Capital LP Purchases New Stake in Cal Redwood Acquisition Corp. $CRAQ

Lineage Point Capital LP acquired a new position in shares of Cal Redwood Acquisition Corp. (NASDAQ:CRAQ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 281,043 shares of the company’s stock, valued at approximately $2,846,000.

Other hedge funds have also added to or reduced their stakes in the company. ABC Arbitrage SA purchased a new position in Cal Redwood Acquisition in the fourth quarter valued at about $304,000. L1 Global Manager Pty Ltd purchased a new stake in shares of Cal Redwood Acquisition during the 4th quarter worth approximately $507,000. Readystate Asset Management LP purchased a new stake in shares of Cal Redwood Acquisition during the 4th quarter worth approximately $2,341,000. Rivernorth Capital Management LLC raised its holdings in shares of Cal Redwood Acquisition by 33.6% in the 4th quarter. Rivernorth Capital Management LLC now owns 397,500 shares of the company’s stock worth $4,015,000 after purchasing an additional 100,000 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in shares of Cal Redwood Acquisition in the 4th quarter worth approximately $4,072,000.

Cal Redwood Acquisition Trading Down 0.0%

Cal Redwood Acquisition stock opened at $10.28 on Friday. Cal Redwood Acquisition Corp. has a 12 month low of $9.92 and a 12 month high of $10.44. The firm has a 50 day moving average price of $10.24.

Cal Redwood Acquisition (NASDAQ:CRAQ) last released its earnings results on Tuesday, March 31st. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $2.32 million during the quarter.

Cal Redwood Acquisition Company Profile

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.