ATW Spac Management LLC Acquires New Stake in Compass Digital Acquisition Corp. (NASDAQ:CDAQ)

ATW Spac Management LLC bought a new position in Compass Digital Acquisition Corp. (NASDAQ:CDAQ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 50,000 shares of the company’s stock, valued at approximately $542,000. ATW Spac Management LLC owned 0.64% of Compass Digital Acquisition at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wolverine Asset Management LLC bought a new position in shares of Compass Digital Acquisition during the second quarter worth about $504,000. K2 Principal Fund L.P. acquired a new position in Compass Digital Acquisition during the 2nd quarter worth approximately $572,000. Tidal Investments LLC bought a new position in shares of Compass Digital Acquisition during the 1st quarter worth approximately $249,000. Berkley W R Corp raised its holdings in shares of Compass Digital Acquisition by 821.0% in the first quarter. Berkley W R Corp now owns 498,632 shares of the company’s stock valued at $5,335,000 after purchasing an additional 444,489 shares during the last quarter. Finally, Clear Street LLC lifted its position in shares of Compass Digital Acquisition by 15,411.0% in the second quarter. Clear Street LLC now owns 45,292 shares of the company’s stock worth $493,000 after purchasing an additional 45,000 shares in the last quarter. Institutional investors and hedge funds own 77.38% of the company’s stock.

Compass Digital Acquisition Price Performance

Compass Digital Acquisition stock opened at $10.74 on Thursday. Compass Digital Acquisition Corp. has a 1-year low of $10.49 and a 1-year high of $12.50. The company has a fifty day simple moving average of $10.80 and a 200 day simple moving average of $10.83.

About Compass Digital Acquisition

Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.