Radcliffe Capital Management L.P. Grows Stock Holdings in Axiom Intelligence Acquisition Corp 1 $AXIN

Radcliffe Capital Management L.P. boosted its holdings in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) by 16.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 549,758 shares of the company’s stock after buying an additional 77,571 shares during the period. Radcliffe Capital Management L.P. owned 2.02% of Axiom Intelligence Acquisition Corp 1 worth $5,531,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. ABC Arbitrage SA bought a new position in shares of Axiom Intelligence Acquisition Corp 1 in the fourth quarter worth about $352,000. Wealthspring Capital LLC grew its position in shares of Axiom Intelligence Acquisition Corp 1 by 0.4% during the fourth quarter. Wealthspring Capital LLC now owns 305,850 shares of the company’s stock worth $3,077,000 after purchasing an additional 1,350 shares in the last quarter. Periscope Capital Inc. raised its stake in Axiom Intelligence Acquisition Corp 1 by 3.0% during the 4th quarter. Periscope Capital Inc. now owns 386,200 shares of the company’s stock valued at $3,885,000 after purchasing an additional 11,200 shares during the period. Alberta Investment Management Corp purchased a new position in Axiom Intelligence Acquisition Corp 1 in the 4th quarter worth approximately $5,035,000. Finally, Westchester Capital Management LLC lifted its holdings in Axiom Intelligence Acquisition Corp 1 by 35.0% in the 4th quarter. Westchester Capital Management LLC now owns 675,000 shares of the company’s stock worth $6,797,000 after purchasing an additional 175,000 shares in the last quarter.

Axiom Intelligence Acquisition Corp 1 Stock Down 0.3%

Shares of Axiom Intelligence Acquisition Corp 1 stock opened at $10.37 on Wednesday. The firm’s 50-day moving average price is $10.25. Axiom Intelligence Acquisition Corp 1 has a twelve month low of $9.93 and a twelve month high of $10.45.

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) last posted its earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Axiom Intelligence Acquisition Corp 1 from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Axiom Intelligence Acquisition Corp 1 currently has a consensus rating of “Sell”.

Axiom Intelligence Acquisition Corp 1 Profile

Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXIN) is a special purpose acquisition company (SPAC) listed on the NASDAQ. As a blank‑check company, its primary purpose is to raise capital through a public offering and to identify, negotiate and complete a business combination or similar transaction with one or more operating businesses. The company itself does not conduct traditional operating activities prior to a completed business combination.

Typical activities for a SPAC like Axiom Intelligence Acquisition Corp 1 include sourcing potential acquisition targets, performing due diligence, structuring a merger or acquisition, and providing a vehicle through which private companies can access public markets.