Picton Mahoney Asset Management acquired a new position in shares of Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 350,000 shares of the company’s stock, valued at approximately $3,561,000.
Separately, BCK Capital Management LP bought a new position in Silver Pegasus Acquisition in the 3rd quarter worth $526,000.
Silver Pegasus Acquisition Stock Performance
SPEGU stock opened at $10.30 on Friday. The company has a 50-day moving average of $10.45 and a two-hundred day moving average of $10.32. Silver Pegasus Acquisition Corp. has a 52-week low of $10.02 and a 52-week high of $10.75.
Silver Pegasus Acquisition Profile
Silver Pegasus Acquisition Corporation is a blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Listed on the Nasdaq under the ticker SPEGU, the company raises capital through an initial public offering of units, with the net proceeds held in a trust account until a qualifying business combination is completed.
The company’s management team brings experience in corporate finance, mergers and acquisitions, and strategic advisory services.
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