Lineage Point Capital LP Makes New Investment in Cal Redwood Acquisition Corp. $CRAQ

Lineage Point Capital LP bought a new position in Cal Redwood Acquisition Corp. (NASDAQ:CRAQ) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 281,043 shares of the company’s stock, valued at approximately $2,846,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ABC Arbitrage SA purchased a new stake in shares of Cal Redwood Acquisition during the 4th quarter valued at approximately $304,000. L1 Global Manager Pty Ltd purchased a new position in Cal Redwood Acquisition in the 4th quarter valued at approximately $507,000. Readystate Asset Management LP purchased a new position in Cal Redwood Acquisition in the 4th quarter valued at approximately $2,341,000. Rivernorth Capital Management LLC raised its holdings in Cal Redwood Acquisition by 33.6% during the 4th quarter. Rivernorth Capital Management LLC now owns 397,500 shares of the company’s stock valued at $4,015,000 after acquiring an additional 100,000 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in Cal Redwood Acquisition during the 4th quarter valued at $4,072,000.

Cal Redwood Acquisition Trading Down 0.0%

NASDAQ:CRAQ opened at $10.28 on Friday. Cal Redwood Acquisition Corp. has a 1 year low of $9.92 and a 1 year high of $10.44. The stock’s fifty day moving average is $10.24.

Cal Redwood Acquisition (NASDAQ:CRAQ) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $0.12 earnings per share for the quarter. The company had revenue of $2.32 million during the quarter.

Cal Redwood Acquisition Company Profile

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.