Glazer Capital LLC bought a new position in Matlin & Partners Acquisition Co. (NASDAQ:MPAC) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,000,130 shares of the company’s stock, valued at approximately $9,661,000. Glazer Capital LLC owned about 10.51% of Matlin & Partners Acquisition Co. at the end of the most recent quarter.

Separately, Periscope Capital Inc. bought a new stake in shares of Matlin & Partners Acquisition Co. in the second quarter worth about $6,182,000.

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Shares of Matlin & Partners Acquisition Co. (NASDAQ:MPAC) remained flat at $9.80 during midday trading on Friday. The stock had a trading volume of 3,002 shares. Matlin & Partners Acquisition Co. has a 52-week low of $9.65 and a 52-week high of $10.02. The stock has a market cap of $93.30 million and a PE ratio of 1633.33. The stock has a 50-day moving average price of $10.19 and a 200 day moving average price of $10.05.

Matlin & Partners Acquisition Co. Profile

MOD-PAC CORP. is a designer and manufacturer of folding carton packaging. The Company provides Custom Folding Cartons for branded and private label consumer products in the food and food service, healthcare, medical and automotive industries, while its line of Stock Packaging products is offered to the retail confectionary industry.

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