Heights Capital Management Inc. Takes Position in Silver Pegasus Acquisition Corp. $SPEGU

Heights Capital Management Inc. acquired a new position in Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 200,000 shares of the company’s stock, valued at approximately $2,038,000.

Other hedge funds have also recently bought and sold shares of the company. Clear Street Group Inc. bought a new stake in Silver Pegasus Acquisition in the 3rd quarter valued at about $84,000. Citadel Advisors LLC bought a new position in Silver Pegasus Acquisition in the 3rd quarter worth about $144,000. BCK Capital Management LP acquired a new stake in shares of Silver Pegasus Acquisition in the third quarter valued at approximately $526,000. Gabelli Funds LLC acquired a new stake in shares of Silver Pegasus Acquisition in the third quarter valued at approximately $806,000. Finally, Yakira Capital Management Inc. bought a new stake in shares of Silver Pegasus Acquisition during the third quarter valued at approximately $814,000.

Silver Pegasus Acquisition Trading Up 0.2%

Shares of NASDAQ SPEGU opened at $10.36 on Wednesday. The stock has a 50 day simple moving average of $10.45 and a 200-day simple moving average of $10.34. Silver Pegasus Acquisition Corp. has a 12-month low of $10.02 and a 12-month high of $10.75.

Silver Pegasus Acquisition Company Profile

Silver Pegasus Acquisition Corporation is a blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Listed on the Nasdaq under the ticker SPEGU, the company raises capital through an initial public offering of units, with the net proceeds held in a trust account until a qualifying business combination is completed.

The company’s management team brings experience in corporate finance, mergers and acquisitions, and strategic advisory services.