Sona Asset Management US LLC Buys Shares of 353,786 Calisa Acquisition Corp $ALIS

Sona Asset Management US LLC purchased a new position in shares of Calisa Acquisition Corp (NASDAQ:ALIS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 353,786 shares of the company’s stock, valued at approximately $3,531,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clear Street Group Inc. purchased a new stake in Calisa Acquisition in the 4th quarter valued at about $3,985,000. Westchester Capital Management LLC acquired a new stake in shares of Calisa Acquisition in the fourth quarter valued at $3,524,000. Aristeia Capital L.L.C. purchased a new stake in Calisa Acquisition during the fourth quarter worth about $3,078,000. Polar Asset Management Partners Inc. purchased a new stake in Calisa Acquisition during the 4th quarter worth approximately $2,979,000. Finally, Glazer Capital LLC acquired a new stake in shares of Calisa Acquisition in the fourth quarter valued at $2,953,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Calisa Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Calisa Acquisition Price Performance

Shares of ALIS opened at $10.18 on Monday. The company has a 50 day simple moving average of $10.13. Calisa Acquisition Corp has a 52-week low of $9.85 and a 52-week high of $10.25.

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