HighTower Advisors LLC Acquires New Holdings in D. Boral ARC Acquisition I Corp. $BCAR

HighTower Advisors LLC acquired a new stake in shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) during the fourth quarter, HoldingsChannel reports. The fund acquired 168,867 shares of the company’s stock, valued at approximately $1,694,000.

Separately, ABC Arbitrage SA bought a new position in D. Boral ARC Acquisition I during the fourth quarter valued at approximately $351,000. 4.33% of the stock is owned by hedge funds and other institutional investors.

D. Boral ARC Acquisition I Stock Performance

Shares of D. Boral ARC Acquisition I stock opened at $10.99 on Wednesday. The firm’s 50 day moving average is $10.37. D. Boral ARC Acquisition I Corp. has a twelve month low of $9.88 and a twelve month high of $11.10.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.07 earnings per share for the quarter.

D. Boral ARC Acquisition I Profile

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.