Clear Street Group Inc. Buys Shares of 95,962 NewHold Investment Corp. II $NHICU

Clear Street Group Inc. purchased a new stake in NewHold Investment Corp. II (OTCMKTS:NHICU) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 95,962 shares of the company’s stock, valued at approximately $992,000.

Separately, Millennium Management LLC bought a new stake in NewHold Investment Corp. II during the first quarter worth about $7,552,000.

NewHold Investment Corp. II Stock Performance

NHICU stock opened at $10.70 on Monday. NewHold Investment Corp. II has a twelve month low of $10.02 and a twelve month high of $11.70. The business has a 50 day moving average price of $10.67 and a two-hundred day moving average price of $10.51.

NewHold Investment Corp. II Company Profile

NewHold Investment Corp. II is a special purpose acquisition company (SPAC) incorporated in Delaware with the primary purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The company completed its initial public offering in September 2021, raising capital through the sale of units listed on the OTC Markets under the ticker NHICU. As a blank check company, NewHold Investment Corp. II offers investors an opportunity to participate in a search for a private target business that can benefit from access to public equity markets.

The company’s investment strategy is focused on identifying and acquiring high‐growth businesses in technology, consumer, and business services sectors, with an emphasis on companies based in or serving markets in Southeast Asia and Greater China.