Sona Asset Management US LLC Invests $4.11 Million in Harvard Ave Acquistion Corp $HAVA

Sona Asset Management US LLC purchased a new stake in shares of Harvard Ave Acquistion Corp (NASDAQ:HAVA) during the first quarter, Holdings Channel reports. The institutional investor purchased 410,208 shares of the company’s stock, valued at approximately $4,106,000.

Other large investors have also recently bought and sold shares of the company. Toronto Dominion Bank purchased a new stake in Harvard Ave Acquistion in the 4th quarter worth about $80,000. Boothbay Fund Management LLC acquired a new stake in Harvard Ave Acquistion during the 4th quarter worth about $487,000. Berkley W R Corp purchased a new position in Harvard Ave Acquistion during the 4th quarter valued at about $665,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in Harvard Ave Acquistion during the 4th quarter valued at about $1,490,000. Finally, Westchester Capital Management LLC acquired a new position in shares of Harvard Ave Acquistion in the 4th quarter valued at about $1,972,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Harvard Ave Acquistion Price Performance

Shares of NASDAQ:HAVA opened at $10.15 on Monday. The firm’s fifty day moving average is $10.11. Harvard Ave Acquistion Corp has a 12-month low of $9.87 and a 12-month high of $10.15.

Harvard Ave Acquistion Profile

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.