Radcliffe Capital Management L.P. Purchases 75,201 Shares of Fifth Era Acquisition Corp I $FERA

Radcliffe Capital Management L.P. increased its position in Fifth Era Acquisition Corp I (NASDAQ:FERA) by 22.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 404,403 shares of the company’s stock after buying an additional 75,201 shares during the quarter. Radcliffe Capital Management L.P. owned 1.71% of Fifth Era Acquisition Corp I worth $4,161,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Glazer Capital LLC grew its holdings in Fifth Era Acquisition Corp I by 31.8% in the 4th quarter. Glazer Capital LLC now owns 904,922 shares of the company’s stock worth $9,312,000 after acquiring an additional 218,282 shares during the last quarter.

Fifth Era Acquisition Corp I Stock Performance

FERA opened at $10.40 on Wednesday. The company’s 50 day simple moving average is $10.36. Fifth Era Acquisition Corp I has a 52-week low of $10.11 and a 52-week high of $10.50.

Fifth Era Acquisition Corp I (NASDAQ:FERA) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.04 EPS for the quarter. The business had revenue of $2.09 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Fifth Era Acquisition Corp I from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

About Fifth Era Acquisition Corp I

Fifth Era Acquisition Corp I (NASDAQ: FERA) is a special purpose acquisition company (SPAC) listed on the NASDAQ exchange. As a blank‑check vehicle, the company was formed to raise capital in public markets through an initial public offering and to identify, negotiate and complete a business combination with one or more operating companies. The primary business activity of Fifth Era Acquisition Corp I is to serve as an acquisition vehicle that facilitates the transition of a private company to the public markets through a merger, share exchange, asset acquisition or similar transaction.

Like other SPACs, Fifth Era Acquisition Corp I typically holds the proceeds from its public offering in a trust account pending the completion of a qualifying business combination.