Mangrove Partners IM LLC Makes New $3.22 Million Investment in YHN Acquisition I Limited $YHNA

Mangrove Partners IM LLC acquired a new position in shares of YHN Acquisition I Limited (NASDAQ:YHNA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 307,818 shares of the company’s stock, valued at approximately $3,223,000.

Separately, JPMorgan Chase & Co. acquired a new position in YHN Acquisition I in the third quarter valued at $3,599,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of YHN Acquisition I in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

YHN Acquisition I Stock Performance

YHN Acquisition I stock opened at $10.74 on Friday. YHN Acquisition I Limited has a 1 year low of $10.14 and a 1 year high of $11.40. The firm has a 50 day moving average price of $10.74 and a 200 day moving average price of $10.61.

YHN Acquisition I Profile

YH Acquisition I Co is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker YHNA. As a blank‐check vehicle, the company was formed to effect one or more business combinations, mergers, share exchanges or similar transactions with one or more operating businesses or assets. It does not have operations of its own and holds its proceeds in a trust account until completion of a qualifying transaction.

The firm’s sponsor, YH Capital Partners, brings experience in growth capital and private equity investing across technology, consumer, and industrial sectors.