Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW – Get Free Report) shares fell 0.9% on Thursday . The company traded as low as $0.6498 and last traded at $0.5780. 980 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 21,993 shares. The stock had previously closed at $0.5833.
Cohen Circle Acquisition Corp. II Stock Performance
The stock’s 50 day moving average is $0.64.
Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II
Large investors have recently bought and sold shares of the company. DLD Asset Management LP acquired a new position in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $26,000. Alberta Investment Management Corp acquired a new position in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $35,000. Weiss Asset Management LP acquired a new position in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $39,000. Magnetar Financial LLC acquired a new position in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $53,000. Finally, Mint Tower Capital Management B.V. acquired a new position in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $70,000.
Cohen Circle Acquisition Corp. II Company Profile
Cohen Circle Acquisition Corp. II is a special purpose acquisition company (SPAC) organized to raise capital through the public markets for the purpose of effecting one or more business combinations. It is listed on the Nasdaq under the ticker CCIIW. As a blank‑check company, it does not operate a conventional commercial business but instead focuses on identifying, negotiating and completing a merger, capital stock exchange, asset acquisition, or similar business combination with a private company.
The company’s principal activities center on sourcing and evaluating potential target businesses, conducting due diligence, negotiating transaction terms and securing shareholder and regulatory approvals for proposed deals.
Further Reading
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