Shaolin Capital Management LLC purchased a new position in Legato Merger Corp. (NASDAQ:LEGO) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 577,334 shares of the company’s stock, valued at approximately $5,785,000. Shaolin Capital Management LLC owned approximately 2.19% of Legato Merger as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in LEGO. JPMorgan Chase & Co. purchased a new stake in Legato Merger in the 1st quarter worth $3,641,000. Geode Capital Management LLC purchased a new stake in Legato Merger in the 1st quarter worth $135,000. Wolverine Asset Management LLC purchased a new stake in Legato Merger in the 1st quarter worth $47,000. Dynamic Technology Lab Private Ltd purchased a new stake in Legato Merger in the 1st quarter worth $140,000. Finally, Periscope Capital Inc. bought a new stake in shares of Legato Merger in the 1st quarter worth about $8,448,000. Institutional investors and hedge funds own 61.50% of the company’s stock.
In other news, major shareholder Mason Capital Management Llc sold 16,400 shares of the business’s stock in a transaction dated Monday, August 16th. The shares were sold at an average price of $11.27, for a total value of $184,828.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
About Legato Merger
Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.
See Also: How to Use a Moving Average for Trading
Want to see what other hedge funds are holding LEGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Legato Merger Corp. (NASDAQ:LEGO).
Receive News & Ratings for Legato Merger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legato Merger and related companies with MarketBeat.com's FREE daily email newsletter.