Radcliffe Capital Management L.P. Boosts Position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

Radcliffe Capital Management L.P. grew its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) by 36.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 435,448 shares of the company’s stock after buying an additional 115,517 shares during the period. Radcliffe Capital Management L.P.’s holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares were worth $4,607,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BEAG. Cannon Global Investment Management LLC boosted its position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 25.0% in the fourth quarter. Cannon Global Investment Management LLC now owns 25,000 shares of the company’s stock valued at $264,000 after acquiring an additional 5,000 shares during the period. K2 Principal Fund L.P. lifted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 2.5% in the 4th quarter. K2 Principal Fund L.P. now owns 307,018 shares of the company’s stock worth $3,248,000 after purchasing an additional 7,603 shares in the last quarter. Geode Capital Management LLC purchased a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 4th quarter worth approximately $240,000. Clear Street Group Inc. bought a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 3rd quarter valued at $446,000. Finally, FNY Investment Advisers LLC boosted its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% in the 4th quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock valued at $756,000 after purchasing an additional 69,800 shares during the period.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Stock Performance

Shares of BEAG opened at $10.64 on Wednesday. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 12-month low of $10.34 and a 12-month high of $10.95. The stock has a 50-day moving average price of $10.58 and a 200-day moving average price of $10.59.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.07 earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a report on Thursday, April 2nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Company Profile

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank‐check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.