Calisa Acquisition (NASDAQ:ALISU) Trading 0.1% Higher – Still a Buy?

Calisa Acquisition Corp (NASDAQ:ALISU) traded up 0.1% on Monday . The stock traded as high as $10.52 and last traded at $10.51. 200 shares were traded during trading, a decline of 87% from the average session volume of 1,550 shares. The stock had previously closed at $10.50.

Calisa Acquisition Stock Up 0.1%

The business has a 50 day moving average price of $10.68.

Institutional Investors Weigh In On Calisa Acquisition

Hedge funds have recently modified their holdings of the stock. AQR Arbitrage LLC acquired a new position in Calisa Acquisition during the fourth quarter worth approximately $3,371,000. Rivernorth Capital Management LLC purchased a new position in Calisa Acquisition during the fourth quarter worth approximately $3,135,000. Wealthspring Capital LLC acquired a new position in shares of Calisa Acquisition in the 4th quarter valued at $2,876,000. Heights Capital Management Inc. acquired a new position in shares of Calisa Acquisition in the 4th quarter valued at $784,000. Finally, Evercore Wealth Management LLC purchased a new stake in shares of Calisa Acquisition during the 4th quarter valued at $173,000.

About Calisa Acquisition

We are a blank check company incorporated on March 11, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. Although we are not limited to target businesses in any specific industry or geographic location, we intend to initially focus our search on target businesses in Asia.