RMG Acquisition Corp. III (OTCMKTS:RMGCU) Stake Cut by Arena Capital Advisors LLC CA

Arena Capital Advisors LLC CA reduced its holdings in RMG Acquisition Corp. III (OTCMKTS:RMGCU) by 21.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 528,250 shares of the company’s stock after selling 141,750 shares during the period. Arena Capital Advisors LLC CA’s holdings in RMG Acquisition Corp. III were worth $5,283,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Aristeia Capital LLC purchased a new stake in RMG Acquisition Corp. III in the 1st quarter worth about $33,838,000. Millennium Management LLC purchased a new stake in shares of RMG Acquisition Corp. III during the 1st quarter worth about $21,632,000. BlueCrest Capital Management Ltd purchased a new stake in shares of RMG Acquisition Corp. III during the 1st quarter worth about $14,925,000. Davidson Kempner Capital Management LP purchased a new stake in shares of RMG Acquisition Corp. III during the 1st quarter worth about $9,940,000. Finally, Kepos Capital LP acquired a new position in shares of RMG Acquisition Corp. III during the 1st quarter valued at about $9,200,000.

Shares of OTCMKTS RMGCU traded down $0.01 during mid-day trading on Wednesday, reaching $9.90. 4,683 shares of the company traded hands, compared to its average volume of 150,579. RMG Acquisition Corp. III has a fifty-two week low of $9.72 and a fifty-two week high of $11.15. The company’s fifty day moving average is $9.92 and its two-hundred day moving average is $9.99.

RMG Acquisition Corp. III Company Profile

RMG Acquisition Corp. III focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.

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Institutional Ownership by Quarter for RMG Acquisition Corp. III (OTCMKTS:RMGCU)

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