LMR Partners LLP Takes $14.94 Million Position in Melar Acquisition Corp. I (NASDAQ:MACI)

LMR Partners LLP acquired a new position in shares of Melar Acquisition Corp. I (NASDAQ:MACI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,485,000 shares of the company’s stock, valued at approximately $14,939,000. LMR Partners LLP owned about 0.07% of Melar Acquisition Corp. I as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Tidal Investments LLC acquired a new position in shares of Melar Acquisition Corp. I during the third quarter worth approximately $209,000. Schonfeld Strategic Advisors LLC bought a new position in Melar Acquisition Corp. I during the fourth quarter worth $507,000. Bulldog Investors LLP acquired a new position in Melar Acquisition Corp. I during the 4th quarter valued at $1,512,000. Hudson Bay Capital Management LP acquired a new position in Melar Acquisition Corp. I during the 4th quarter valued at $3,270,000. Finally, Wolverine Asset Management LLC boosted its holdings in Melar Acquisition Corp. I by 216.1% in the 4th quarter. Wolverine Asset Management LLC now owns 327,172 shares of the company’s stock valued at $3,291,000 after purchasing an additional 223,672 shares during the period.

Melar Acquisition Corp. I Stock Performance

NASDAQ:MACI opened at $10.32 on Monday. The firm’s 50-day moving average is $10.26 and its 200-day moving average is $10.15. Melar Acquisition Corp. I has a 52-week low of $9.95 and a 52-week high of $10.35.

Melar Acquisition Corp. I Profile

Melar Acquisition Corp. I is a blank check company. It 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. Melar Acquisition Corp. I is based in NEW YORK.