Berkley W R Corp Increases Stake in A SPAC II Acquisition Corp. (NASDAQ:ASCB)

Berkley W R Corp lifted its stake in A SPAC II Acquisition Corp. (NASDAQ:ASCB) by 69.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 203,937 shares of the company’s stock after purchasing an additional 83,931 shares during the quarter. Berkley W R Corp’s holdings in A SPAC II Acquisition were worth $2,417,000 as of its most recent SEC filing.

Separately, Virtu Financial LLC purchased a new position in shares of A SPAC II Acquisition in the 4th quarter valued at approximately $827,000. Hedge funds and other institutional investors own 95.62% of the company’s stock.

A SPAC II Acquisition Price Performance

NASDAQ:ASCB traded up $0.14 during midday trading on Monday, hitting $11.39. The company’s stock had a trading volume of 412 shares, compared to its average volume of 15,600. A SPAC II Acquisition Corp. has a fifty-two week low of $10.52 and a fifty-two week high of $13.00. The firm’s 50 day moving average is $11.21 and its 200-day moving average is $11.17.

A SPAC II Acquisition Company Profile

A SPAC II Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue prospective targets that are in the industries that apply technologies, such as Proptech and Fintech primarily in North America, Europe, and Asia.