Shaolin Capital Management LLC Buys Shares of 400,000 Act II Global Acquisition Corp. (OTCMKTS:ACTTU)

Shaolin Capital Management LLC bought a new stake in Act II Global Acquisition Corp. (OTCMKTS:ACTTU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 400,000 shares of the company’s stock, valued at approximately $4,048,000.

Other large investors have also modified their holdings of the company. Monashee Investment Management LLC bought a new position in Act II Global Acquisition during the second quarter worth $1,012,000. Vertex One Asset Management Inc. bought a new stake in Act II Global Acquisition in the second quarter valued at $2,024,000. Myriad Asset Management Ltd. bought a new stake in shares of Act II Global Acquisition during the second quarter worth about $3,036,000. Finally, Periscope Capital Inc. bought a new stake in shares of Act II Global Acquisition during the second quarter worth about $3,556,000.

Act II Global Acquisition stock traded down $0.02 during midday trading on Friday, hitting $10.31. 100 shares of the stock were exchanged, compared to its average volume of 44,830. Act II Global Acquisition Corp. has a 52-week low of $10.00 and a 52-week high of $10.35. The stock’s 50-day simple moving average is $10.25.

About Act II Global Acquisition

Act II Global Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in consumer packaged goods and other consumables, and hospitality businesses. The company was incorporated in 2018 and is based in New York, New York.

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Institutional Ownership by Quarter for Act II Global Acquisition (OTCMKTS:ACTTU)

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