500,000 Shares in Crane Harbor Acquisition Corp. II $CRANU Bought by Sculptor Capital LP

Sculptor Capital LP bought a new position in shares of Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 500,000 shares of the company’s stock, valued at approximately $5,035,000.

Other large investors have also added to or reduced their stakes in the company. Gabelli Funds LLC purchased a new stake in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $1,781,000. Context Capital Management LLC purchased a new stake in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $4,532,000. Periscope Capital Inc. purchased a new stake in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $7,804,000. Highbridge Capital Management LLC purchased a new stake in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $12,078,000. Finally, L1 Global Manager Pty Ltd purchased a new stake in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $755,000.

Crane Harbor Acquisition Corp. II Trading Up 0.3%

Crane Harbor Acquisition Corp. II stock opened at $10.31 on Tuesday. The company’s 50-day moving average price is $10.20. Crane Harbor Acquisition Corp. II has a fifty-two week low of $10.04 and a fifty-two week high of $11.23.

Crane Harbor Acquisition Corp. II Profile

Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.

The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.