P Schoenfeld Asset Management LP purchased a new stake in Thimble Point Acquisition Corp. (NASDAQ:THMA) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 299,901 shares of the company’s stock, valued at approximately $2,963,000. P Schoenfeld Asset Management LP owned about 3.65% of Thimble Point Acquisition as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Owl Creek Asset Management L.P. acquired a new position in shares of Thimble Point Acquisition in the 1st quarter valued at $121,000. Atalaya Capital Management LP acquired a new position in shares of Thimble Point Acquisition in the 1st quarter valued at $240,000. DG Capital Management LLC acquired a new position in Thimble Point Acquisition during the 1st quarter worth about $240,000. Jane Street Group LLC acquired a new position in Thimble Point Acquisition during the 1st quarter worth about $241,000. Finally, OTA Financial Group L.P. acquired a new position in Thimble Point Acquisition during the 2nd quarter worth about $246,000.
THMA traded down $0.02 during mid-day trading on Monday, hitting $9.92. 600 shares of the stock were exchanged, compared to its average volume of 122,980. The firm’s fifty day moving average price is $9.89. Thimble Point Acquisition Corp. has a 1-year low of $9.59 and a 1-year high of $10.05.
Thimble Point Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New Haven, Connecticut.
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