Yakira Capital Management Inc. Buys Shares of 80,000 Silver Pegasus Acquisition Corp. $SPEGU

Yakira Capital Management Inc. purchased a new position in shares of Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 80,000 shares of the company’s stock, valued at approximately $814,000.

Other institutional investors have also modified their holdings of the company. BCK Capital Management LP purchased a new stake in shares of Silver Pegasus Acquisition in the 3rd quarter valued at $526,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Silver Pegasus Acquisition during the 3rd quarter valued at about $973,000. Picton Mahoney Asset Management purchased a new position in Silver Pegasus Acquisition during the 3rd quarter valued at about $3,561,000. ATW Spac Management LLC acquired a new position in Silver Pegasus Acquisition in the 3rd quarter valued at about $1,017,000. Finally, Gabelli Funds LLC acquired a new position in Silver Pegasus Acquisition in the 3rd quarter valued at about $806,000.

Silver Pegasus Acquisition Stock Performance

Shares of NASDAQ:SPEGU opened at $10.30 on Monday. Silver Pegasus Acquisition Corp. has a 1 year low of $10.02 and a 1 year high of $10.75. The firm’s 50-day moving average is $10.45 and its two-hundred day moving average is $10.33.

About Silver Pegasus Acquisition

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.