Calisa Acquisition (NASDAQ:ALISU) Shares Up 0.6% – Here’s What Happened

Shares of Calisa Acquisition Corp (NASDAQ:ALISU) rose 0.6% during mid-day trading on Tuesday . The stock traded as high as $10.88 and last traded at $10.86. Approximately 15,005 shares were traded during mid-day trading, an increase of 544% from the average daily volume of 2,330 shares. The stock had previously closed at $10.80.

Calisa Acquisition Trading Up 0.0%

The business has a fifty day moving average of $10.76 and a 200 day moving average of $10.67.

Institutional Trading of Calisa Acquisition

Several hedge funds have recently made changes to their positions in the business. Lineage Point Capital LP acquired a new position in shares of Calisa Acquisition in the fourth quarter valued at approximately $104,000. Clear Street Group Inc. acquired a new stake in Calisa Acquisition during the 4th quarter worth approximately $162,000. Westchester Capital Management LLC purchased a new position in Calisa Acquisition in the 4th quarter valued at approximately $165,000. Evercore Wealth Management LLC purchased a new position in Calisa Acquisition in the 4th quarter valued at approximately $173,000. Finally, Heights Capital Management Inc. acquired a new position in shares of Calisa Acquisition in the fourth quarter worth $784,000.

About Calisa Acquisition

We are a blank check company incorporated on March 11, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. Although we are not limited to target businesses in any specific industry or geographic location, we intend to initially focus our search on target businesses in Asia.