Readystate Asset Management LP Buys Shares of 59,332 Spring Valley Acquisition Corp III $SVACU

Readystate Asset Management LP bought a new stake in shares of Spring Valley Acquisition Corp III (NASDAQ:SVACU) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 59,332 shares of the company’s stock, valued at approximately $616,000.

Separately, Harraden Circle Investments LLC purchased a new position in Spring Valley Acquisition Corp III in the second quarter valued at approximately $5,782,000.

Spring Valley Acquisition Corp III Price Performance

Shares of NASDAQ SVACU opened at $10.00 on Tuesday. The stock has a fifty day simple moving average of $10.16 and a two-hundred day simple moving average of $10.63. Spring Valley Acquisition Corp III has a 1-year low of $9.56 and a 1-year high of $13.50.

Spring Valley Acquisition Corp III Profile

Spring Valley Acquisition Corp III (NASDAQ: SVACU) is a special purpose acquisition company (SPAC) that raised capital in the public markets with the principal objective of effecting a business combination with one or more operating businesses. As a blank‑check vehicle, the company typically issues units in its initial public offering that separate into common shares and warrants once trading begins, providing investors with structured exposure to a potential merger target prior to a definitive transaction.

Like other SPACs, Spring Valley Acquisition Corp III holds the proceeds of its offering in a trust account pending the identification and completion of a qualifying business combination.