Context Capital Management LLC Reduces Stake in Artius II Acquisition Inc. $AACB

Context Capital Management LLC cut its stake in Artius II Acquisition Inc. (NASDAQ:AACB) by 30.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,191 shares of the company’s stock after selling 50,000 shares during the quarter. Context Capital Management LLC’s holdings in Artius II Acquisition were worth $1,139,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wolverine Asset Management LLC grew its holdings in shares of Artius II Acquisition by 4.8% in the third quarter. Wolverine Asset Management LLC now owns 66,628 shares of the company’s stock valued at $675,000 after purchasing an additional 3,070 shares during the period. Clear Street LLC acquired a new position in Artius II Acquisition in the 2nd quarter valued at about $334,000. DLD Asset Management LP purchased a new stake in shares of Artius II Acquisition in the 2nd quarter valued at approximately $414,000. Boothbay Fund Management LLC acquired a new stake in shares of Artius II Acquisition during the 2nd quarter worth approximately $1,268,000. Finally, Shaolin Capital Management LLC acquired a new stake in shares of Artius II Acquisition during the 2nd quarter worth approximately $1,518,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Artius II Acquisition in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Artius II Acquisition Price Performance

Shares of NASDAQ AACB opened at $10.34 on Wednesday. The business’s 50 day moving average is $10.33 and its two-hundred day moving average is $10.26. Artius II Acquisition Inc. has a 52-week low of $9.85 and a 52-week high of $10.39.

Artius II Acquisition Profile

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank‐check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.