Radcliffe Capital Management L.P. Purchases 150,257 Shares of Jackson Acquisition Company II $JACS

Radcliffe Capital Management L.P. grew its position in shares of Jackson Acquisition Company II (NYSE:JACS) by 29.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 662,430 shares of the company’s stock after buying an additional 150,257 shares during the quarter. Jackson Acquisition Company II makes up about 0.4% of Radcliffe Capital Management L.P.’s investment portfolio, making the stock its 29th biggest position. Radcliffe Capital Management L.P. owned 2.24% of Jackson Acquisition Company II worth $6,903,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Cantor Fitzgerald L. P. bought a new position in shares of Jackson Acquisition Company II in the third quarter valued at approximately $910,000. Mangrove Partners IM LLC bought a new stake in Jackson Acquisition Company II during the 3rd quarter worth approximately $2,911,000. Readystate Asset Management LP bought a new stake in Jackson Acquisition Company II during the 3rd quarter worth approximately $519,000. BCK Capital Management LP increased its holdings in Jackson Acquisition Company II by 3.3% during the 3rd quarter. BCK Capital Management LP now owns 103,311 shares of the company’s stock valued at $1,072,000 after purchasing an additional 3,311 shares in the last quarter. Finally, Sculptor Capital LP acquired a new stake in Jackson Acquisition Company II during the 2nd quarter valued at $7,387,000.

Jackson Acquisition Company II Trading Up 0.3%

Shares of JACS opened at $10.66 on Wednesday. The stock has a fifty day moving average price of $10.60 and a two-hundred day moving average price of $10.52. Jackson Acquisition Company II has a 52-week low of $10.08 and a 52-week high of $10.71.

Jackson Acquisition Company II (NYSE:JACS) last announced its earnings results on Friday, March 20th. The company reported $0.08 EPS for the quarter. The business had revenue of $2.33 million for the quarter.

About Jackson Acquisition Company II

Jackson Acquisition Company II is a special purpose acquisition company (SPAC) listed on the New York Stock Exchange under the ticker JACS. As a blank‐check vehicle, it has no commercial operations of its own but is sponsored by Jackson Square Partners, an investment firm with experience in middle‐market private equity and venture capital. The company’s primary objective is to identify, acquire, or merge with one or more businesses that operate in target industries and deliver long‐term value to its shareholders.

The SPAC completed its initial public offering in late 2021, raising capital through a trust account to fund its acquisition strategy.