Clear Street Group Inc. Takes Position in Calisa Acquisition Corp $ALIS

Clear Street Group Inc. acquired a new stake in shares of Calisa Acquisition Corp (NASDAQ:ALIS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 401,296 shares of the company’s stock, valued at approximately $3,985,000.

A number of other hedge funds also recently made changes to their positions in ALIS. StoneX Group Inc. purchased a new stake in shares of Calisa Acquisition during the fourth quarter valued at approximately $837,000. Berkley W R Corp purchased a new stake in shares of Calisa Acquisition during the fourth quarter valued at approximately $1,477,000. Glazer Capital LLC purchased a new stake in shares of Calisa Acquisition during the fourth quarter valued at approximately $2,953,000. Finally, Westchester Capital Management LLC purchased a new stake in shares of Calisa Acquisition during the fourth quarter valued at approximately $3,524,000.

Calisa Acquisition Price Performance

Shares of NASDAQ:ALIS opened at $10.12 on Friday. The stock has a fifty day moving average of $10.06. Calisa Acquisition Corp has a 12-month low of $9.85 and a 12-month high of $10.13.

Calisa Acquisition (NASDAQ:ALIS) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.11 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

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

Calisa Acquisition Profile

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.