Periscope Capital Inc. Makes New Investment in Launch One Acquisition Corp. (NASDAQ:LPAA)

Periscope Capital Inc. bought a new stake in shares of Launch One Acquisition Corp. (NASDAQ:LPAAFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 200,000 shares of the company’s stock, valued at approximately $2,010,000. Launch One Acquisition accounts for about 1.2% of Periscope Capital Inc.’s holdings, making the stock its 28th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LPAA. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Launch One Acquisition during the 3rd quarter valued at $8,475,000. Verition Fund Management LLC purchased a new stake in Launch One Acquisition in the third quarter worth about $2,492,000. Berkley W R Corp bought a new stake in Launch One Acquisition during the 3rd quarter valued at approximately $2,479,000. Parallax Volatility Advisers L.P. bought a new stake in Launch One Acquisition during the 3rd quarter valued at approximately $1,713,000. Finally, Shaolin Capital Management LLC purchased a new position in shares of Launch One Acquisition during the 3rd quarter worth approximately $3,492,000.

Launch One Acquisition Price Performance

LPAA opened at $10.19 on Monday. The company has a 50 day moving average price of $10.11. Launch One Acquisition Corp. has a 52 week low of $9.66 and a 52 week high of $10.20.

Launch One Acquisition Company Profile

(Free Report)

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.

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Institutional Ownership by Quarter for Launch One Acquisition (NASDAQ:LPAA)

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