Radcliffe Capital Management L.P. boosted its holdings in shares of Cal Redwood Acquisition Corp. (NASDAQ:CRAQ – Free Report) by 16.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 545,628 shares of the company’s stock after buying an additional 76,582 shares during the quarter. Radcliffe Capital Management L.P.’s holdings in Cal Redwood Acquisition were worth $5,524,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Verition Fund Management LLC increased its stake in shares of Cal Redwood Acquisition by 1.6% in the fourth quarter. Verition Fund Management LLC now owns 978,322 shares of the company’s stock worth $9,959,000 after acquiring an additional 15,265 shares during the period. Westchester Capital Management LLC raised its holdings in shares of Cal Redwood Acquisition by 30.0% during the fourth quarter. Westchester Capital Management LLC now owns 650,000 shares of the company’s stock worth $6,617,000 after purchasing an additional 150,000 shares during the last quarter. Wealthspring Capital LLC lifted its position in Cal Redwood Acquisition by 469.9% during the fourth quarter. Wealthspring Capital LLC now owns 441,520 shares of the company’s stock valued at $4,459,000 after purchasing an additional 364,040 shares during the period. Alberta Investment Management Corp acquired a new position in Cal Redwood Acquisition during the fourth quarter valued at $4,072,000. Finally, L1 Global Manager Pty Ltd purchased a new stake in Cal Redwood Acquisition in the fourth quarter valued at $507,000.
Cal Redwood Acquisition Stock Performance
Shares of CRAQ opened at $10.28 on Wednesday. The stock’s 50-day moving average is $10.24. Cal Redwood Acquisition Corp. has a fifty-two week low of $9.92 and a fifty-two week high of $10.44.
About Cal Redwood Acquisition
We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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