Clear Street Group Inc. Buys New Position in EGH Acquisition Corp. $EGHAU

Clear Street Group Inc. purchased a new position in EGH Acquisition Corp. (NASDAQ:EGHAU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 264,018 shares of the company’s stock, valued at approximately $2,696,000.

Other large investors have also added to or reduced their stakes in the company. UBS Group AG increased its position in EGH Acquisition by 19.7% during the 3rd quarter. UBS Group AG now owns 465,090 shares of the company’s stock valued at $4,656,000 after purchasing an additional 76,590 shares during the period. Hudson Bay Capital Management LP purchased a new stake in shares of EGH Acquisition in the 2nd quarter worth about $3,260,000. Radcliffe Capital Management L.P. bought a new stake in shares of EGH Acquisition during the 2nd quarter valued at about $2,698,000. Moore Capital Management LP bought a new stake in shares of EGH Acquisition during the 2nd quarter valued at about $1,528,000. Finally, Linden Advisors LP purchased a new position in shares of EGH Acquisition during the second quarter valued at about $12,228,000.

EGH Acquisition Price Performance

EGHAU stock opened at $10.46 on Friday. EGH Acquisition Corp. has a 1 year low of $10.02 and a 1 year high of $11.00. The firm has a 50-day moving average of $10.38 and a 200 day moving average of $10.37.

EGH Acquisition Company Profile

EGH Acquisition Corp is a Delaware special purpose acquisition company formed to raise capital through an initial public offering for the purpose of effecting a business combination. Its units began trading on the Nasdaq under the symbol EGHAU in October 2021, and its sole assets consist of the proceeds from its IPO held in a trust account.

The company’s primary activity is to identify and complete a merger, capital stock exchange, share purchase, asset acquisition or other business combination with one or more businesses.