Radcliffe Capital Management L.P. increased its position in shares of K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Free Report) by 24.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 633,889 shares of the company’s stock after acquiring an additional 125,598 shares during the quarter. Radcliffe Capital Management L.P.’s holdings in K&F GROWTH ACQUISITION CORP. II were worth $6,551,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in K&F GROWTH ACQUISITION CORP. II in the second quarter valued at $20,360,000. Sculptor Capital LP acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter worth about $10,180,000. Moore Capital Management LP purchased a new position in shares of K&F GROWTH ACQUISITION CORP. II in the 2nd quarter valued at about $5,090,000. Mangrove Partners IM LLC increased its holdings in shares of K&F GROWTH ACQUISITION CORP. II by 134.8% in the 3rd quarter. Mangrove Partners IM LLC now owns 450,000 shares of the company’s stock valued at $4,597,000 after acquiring an additional 258,320 shares during the last quarter. Finally, L1 Global Manager Pty Ltd acquired a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the 4th quarter worth about $2,585,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.
K&F GROWTH ACQUISITION CORP. II Stock Up 0.2%
NASDAQ KFII opened at $10.56 on Wednesday. The firm’s fifty day moving average price is $10.50 and its 200 day moving average price is $10.41. K&F GROWTH ACQUISITION CORP. II has a 12 month low of $10.14 and a 12 month high of $10.58.
K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) last released its quarterly earnings data on Friday, March 27th. The company reported $0.07 earnings per share (EPS) for the quarter.
K&F GROWTH ACQUISITION CORP. II Company Profile
K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.
The sponsor of K&F Growth Acquisition Corp.
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