Wealthspring Capital LLC lifted its position in Cal Redwood Acquisition Corp. (NASDAQ:CRAQ – Free Report) by 469.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 441,520 shares of the company’s stock after acquiring an additional 364,040 shares during the period. Wealthspring Capital LLC’s holdings in Cal Redwood Acquisition were worth $4,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, ABC Arbitrage SA acquired a new position in shares of Cal Redwood Acquisition in the 4th quarter valued at $304,000.
Analyst Ratings Changes
Separately, Weiss Ratings began coverage on Cal Redwood Acquisition in a research report on Monday, January 26th. They issued a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.
Cal Redwood Acquisition Stock Performance
Shares of CRAQ opened at $10.30 on Thursday. The stock’s 50-day moving average is $10.20. Cal Redwood Acquisition Corp. has a fifty-two week low of $9.92 and a fifty-two week high of $10.44.
About Cal Redwood Acquisition
We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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Want to see what other hedge funds are holding CRAQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cal Redwood Acquisition Corp. (NASDAQ:CRAQ – Free Report).
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