Wolverine Asset Management LLC reduced its position in shares of Inception Growth Acquisition Limited (NASDAQ:IGTA – Free Report) by 3.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 102,258 shares of the company’s stock after selling 3,312 shares during the period. Wolverine Asset Management LLC’s holdings in Inception Growth Acquisition were worth $1,158,000 at the end of the most recent quarter.
Separately, K2 Principal Fund L.P. bought a new position in Inception Growth Acquisition during the 1st quarter valued at about $1,159,000. Institutional investors and hedge funds own 48.99% of the company’s stock.
Inception Growth Acquisition Stock Down 0.5 %
Shares of NASDAQ IGTA opened at $11.37 on Wednesday. Inception Growth Acquisition Limited has a 1-year low of $10.63 and a 1-year high of $11.73. The company has a 50-day moving average of $11.35 and a two-hundred day moving average of $11.29.
About Inception Growth Acquisition
Inception Growth Acquisition Limited 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 or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors.
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