ADAR1 Capital Management LLC Takes $1.53 Million Position in A SPAC III Acquisition Corp. (NASDAQ:ASPCU)

ADAR1 Capital Management LLC acquired a new stake in shares of A SPAC III Acquisition Corp. (NASDAQ:ASPCU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 215,000 shares of the company’s stock, valued at approximately $1,533,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ASPCU. Mint Tower Capital Management B.V. purchased a new stake in shares of A SPAC III Acquisition in the 4th quarter worth about $1,248,000. Mizuho Securities USA LLC purchased a new stake in A SPAC III Acquisition in the fourth quarter worth about $3,144,000. Wolverine Asset Management LLC purchased a new stake in A SPAC III Acquisition in the fourth quarter worth $1,961,000. Highbridge Capital Management LLC bought a new position in shares of A SPAC III Acquisition during the fourth quarter valued at approximately $2,389,000. Finally, JPMorgan Chase & Co. purchased a new stake in A SPAC III Acquisition during the 4th quarter valued at about $246,000.

A SPAC III Acquisition Price Performance

Shares of ASPCU opened at $10.21 on Monday. A SPAC III Acquisition Corp. has a twelve month low of $9.98 and a twelve month high of $10.30. The firm’s 50 day moving average price is $10.17.

About A SPAC III Acquisition

We are a blank check company incorporated in the British Virgin Islands as a business company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.