200,000 Shares of EGH Acquisition Corp. $EGHA Acquired by Context Capital Management LLC

Context Capital Management LLC purchased a new stake in EGH Acquisition Corp. (NASDAQ:EGHA) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 200,000 shares of the company’s stock, valued at approximately $2,087,000. Context Capital Management LLC owned approximately 0.98% of EGH Acquisition as of its most recent filing with the SEC.

Separately, Citadel Advisors LLC bought a new position in shares of EGH Acquisition during the 2nd quarter worth approximately $202,000.

EGH Acquisition Trading Up 0.2%

Shares of EGHA opened at $10.48 on Wednesday. EGH Acquisition Corp. has a 12 month low of $10.10 and a 12 month high of $10.80. The stock has a fifty day moving average price of $10.43 and a 200-day moving average price of $10.32.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of EGH Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

EGH Acquisition Profile

EGH Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its potential transaction could involve a merger, acquisition, share exchange, or similar corporate reorganization. As an acquisition company, EGH Acquisition does not appear to operate a conventional business or offer products and services of its own. Its activities are primarily focused on evaluating potential targets, conducting due diligence, and pursuing a suitable transaction.