Polar Asset Management Partners Inc. Sells 150,000 Shares of Calisa Acquisition Corp $ALIS

Polar Asset Management Partners Inc. decreased its position in shares of Calisa Acquisition Corp (NASDAQ:ALIS) by 50.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,000 shares of the company’s stock after selling 150,000 shares during the period. Polar Asset Management Partners Inc.’s holdings in Calisa Acquisition were worth $1,497,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Radcliffe Capital Management L.P. bought a new position in shares of Calisa Acquisition during the 4th quarter valued at about $1,241,000. Lineage Point Capital LP bought a new stake in Calisa Acquisition in the 4th quarter worth approximately $2,392,000. Aristeia Capital L.L.C. bought a new stake in Calisa Acquisition in the 4th quarter worth approximately $3,078,000. Sona Asset Management US LLC purchased a new stake in Calisa Acquisition in the first quarter worth approximately $3,531,000. Finally, Clear Street Group Inc. purchased a new stake in Calisa Acquisition in the fourth quarter worth approximately $3,985,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Calisa Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Calisa Acquisition Trading Up 0.1%

Shares of Calisa Acquisition stock opened at $10.16 on Tuesday. Calisa Acquisition Corp has a 52-week low of $9.85 and a 52-week high of $10.25. The business has a 50 day moving average price of $10.13.

Calisa Acquisition (NASDAQ:ALIS) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Calisa Acquisition

Calisa Acquisition (NASDAQ: ALIS) is a special purpose acquisition company (SPAC) that is publicly traded on the Nasdaq stock exchange. As a blank‑check vehicle, its primary corporate purpose is to identify, negotiate and complete one or more business combinations, such as mergers, share exchanges, asset acquisitions, or similar transactions that would result in a privately held company becoming publicly listed through the SPAC structure.

Like other SPACs, Calisa Acquisition typically raises capital through an initial public offering and holds those proceeds in a trust account while it evaluates potential target companies.