Far Point Acquisition Corporation (NASDAQ:BRPM) major shareholder B. Riley Financial, Inc. acquired 13,828 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was bought at an average price of $10.38 per share, with a total value of $143,534.64. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

B. Riley Financial, Inc. also recently made the following trade(s):

  • On Friday, February 7th, B. Riley Financial, Inc. acquired 361,352 shares of Far Point Acquisition stock. The shares were purchased at an average cost of $10.34 per share, for a total transaction of $3,736,379.68.
  • On Tuesday, January 28th, B. Riley Financial, Inc. acquired 132,275 shares of Far Point Acquisition stock. The stock was purchased at an average price of $10.20 per share, for a total transaction of $1,349,205.00.
  • On Tuesday, January 14th, B. Riley Financial, Inc. bought 493,777 shares of Far Point Acquisition stock. The stock was purchased at an average cost of $10.18 per share, with a total value of $5,026,649.86.

Shares of NASDAQ BRPM traded up $0.03 during midday trading on Friday, hitting $10.38. The stock had a trading volume of 143,400 shares, compared to its average volume of 612,119. Far Point Acquisition Corporation has a fifty-two week low of $9.67 and a fifty-two week high of $10.54.

Far Point Acquisition Company Profile

B. Riley Principal Merger Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2018 and is based in New York, New York.

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