Radcliffe Capital Management L.P. Decreases Stock Position in Globis Acquisition Corp. (NASDAQ:GLAQ)

Radcliffe Capital Management L.P. lowered its stake in Globis Acquisition Corp. (NASDAQ:GLAQGet Rating) by 27.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,708 shares of the company’s stock after selling 41,292 shares during the quarter. Radcliffe Capital Management L.P. owned about 0.72% of Globis Acquisition worth $1,100,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. RPO LLC purchased a new stake in shares of Globis Acquisition during the 4th quarter valued at about $5,727,000. Iron Park Capital Partners LP purchased a new stake in shares of Globis Acquisition during the 4th quarter valued at about $959,000. Millennium Management LLC raised its position in shares of Globis Acquisition by 69.4% during the 3rd quarter. Millennium Management LLC now owns 61,036 shares of the company’s stock valued at $613,000 after buying an additional 25,000 shares in the last quarter. MYDA Advisors LLC purchased a new stake in shares of Globis Acquisition during the 4th quarter valued at about $304,000. Finally, Geode Capital Management LLC bought a new position in Globis Acquisition during the 4th quarter valued at about $115,000.

NASDAQ:GLAQ remained flat at $$10.28 during mid-day trading on Friday. 54,030 shares of the company traded hands, compared to its average volume of 41,019. Globis Acquisition Corp. has a one year low of $9.91 and a one year high of $11.00. The stock has a 50 day moving average price of $10.26 and a 200 day moving average price of $10.19.

Globis Acquisition Profile (Get Rating)

Globis Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Boca Raton, Florida.

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Institutional Ownership by Quarter for Globis Acquisition (NASDAQ:GLAQ)

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