Spartan Fund Management Inc. Acquires 59,783 Shares of TLGY Acquisition Co. (NASDAQ:TLGY)

Spartan Fund Management Inc. raised its position in shares of TLGY Acquisition Co. (NASDAQ:TLGY) by 19,927.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,083 shares of the company’s stock after acquiring an additional 59,783 shares during the period. TLGY Acquisition makes up about 2.1% of Spartan Fund Management Inc.’s investment portfolio, making the stock its 19th largest position. Spartan Fund Management Inc. owned 0.63% of TLGY Acquisition worth $693,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of TLGY. Clear Street LLC purchased a new stake in shares of TLGY Acquisition during the second quarter valued at about $62,000. K2 Principal Fund L.P. purchased a new stake in TLGY Acquisition during the 2nd quarter worth approximately $1,146,000. Finally, Berkley W R Corp boosted its holdings in shares of TLGY Acquisition by 71.0% during the 1st quarter. Berkley W R Corp now owns 479,609 shares of the company’s stock worth $5,420,000 after purchasing an additional 199,139 shares during the last quarter. Institutional investors own 45.08% of the company’s stock.

TLGY Acquisition Price Performance

TLGY remained flat at $11.56 during trading hours on Tuesday. TLGY Acquisition Co. has a 12 month low of $10.97 and a 12 month high of $11.59. The business’s 50 day simple moving average is $11.52 and its two-hundred day simple moving average is $11.46.

About TLGY Acquisition

TLGY Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to acquire companies in the biopharma or technology enabled business-to-consumer industries worldwide.