Shaolin Capital Management LLC Acquires New Position in Global Consumer Acquisition Corp. Unit (NASDAQ:GACQU)

Shaolin Capital Management LLC acquired a new stake in shares of Global Consumer Acquisition Corp. Unit (NASDAQ:GACQU) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 509,979 shares of the company’s stock, valued at approximately $5,095,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Glazer Capital LLC purchased a new position in shares of Global Consumer Acquisition Corp. Unit during the second quarter valued at approximately $7,022,000. Yakira Capital Management Inc. purchased a new position in shares of Global Consumer Acquisition Corp. Unit during the second quarter valued at approximately $16,783,000. Highbridge Capital Management LLC purchased a new position in Global Consumer Acquisition Corp. Unit during the second quarter worth approximately $15,247,000. Cowen Investment Management LLC purchased a new position in Global Consumer Acquisition Corp. Unit during the second quarter worth approximately $400,000. Finally, CVI Holdings LLC purchased a new position in Global Consumer Acquisition Corp. Unit during the second quarter worth approximately $150,000.

NASDAQ:GACQU remained flat at $$10.06 during trading hours on Thursday. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 87,299. Global Consumer Acquisition Corp. Unit has a 12 month low of $9.85 and a 12 month high of $10.14. The stock has a 50-day moving average of $10.01.

About Global Consumer Acquisition Corp. Unit

Global Consumer Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in Marietta, Georgia.

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Institutional Ownership by Quarter for Global Consumer Acquisition Corp. Unit (NASDAQ:GACQU)

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