Fir Tree Capital Management LP Buys Shares of 200,540 COVA Acquisition Corp. (OTCMKTS:COVAU)

Fir Tree Capital Management LP bought a new position in COVA Acquisition Corp. (OTCMKTS:COVAU) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 200,540 shares of the company’s stock, valued at approximately $1,995,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Aristeia Capital LLC acquired a new stake in shares of COVA Acquisition during the first quarter valued at approximately $16,547,000. Putnam Investments LLC acquired a new stake in shares of COVA Acquisition during the first quarter valued at approximately $7,960,000. Nomura Holdings Inc. acquired a new stake in shares of COVA Acquisition during the first quarter valued at approximately $7,051,000. Radcliffe Capital Management L.P. acquired a new stake in shares of COVA Acquisition during the first quarter valued at approximately $6,468,000. Finally, Periscope Capital Inc. acquired a new stake in shares of COVA Acquisition during the first quarter valued at approximately $6,031,000.

COVAU stock opened at $10.09 on Thursday. The company’s 50 day moving average price is $10.06. COVA Acquisition Corp. has a 52-week low of $9.81 and a 52-week high of $11.00.

COVA Acquisition Profile

COVA Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in San Francisco, California.

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Institutional Ownership by Quarter for COVA Acquisition (OTCMKTS:COVAU)

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