Healthcare of Ontario Pension Plan Trust Fund Sells 500,000 Shares of Cal Redwood Acquisition Corp. $CRAQ

Healthcare of Ontario Pension Plan Trust Fund trimmed its holdings in shares of Cal Redwood Acquisition Corp. (NASDAQ:CRAQ) by 71.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 200,000 shares of the company’s stock after selling 500,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Cal Redwood Acquisition were worth $2,030,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. ABC Arbitrage SA bought a new stake in shares of Cal Redwood Acquisition in the 4th quarter valued at about $304,000. L1 Global Manager Pty Ltd bought a new position in Cal Redwood Acquisition during the fourth quarter worth about $507,000. Readystate Asset Management LP acquired a new position in Cal Redwood Acquisition in the fourth quarter valued at about $2,341,000. Lineage Point Capital LP acquired a new position in shares of Cal Redwood Acquisition during the 4th quarter worth $2,846,000. Finally, Rivernorth Capital Management LLC lifted its stake in Cal Redwood Acquisition by 33.6% in the 4th quarter. Rivernorth Capital Management LLC now owns 397,500 shares of the company’s stock valued at $4,015,000 after purchasing an additional 100,000 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Cal Redwood Acquisition in a research report on Monday, July 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Cal Redwood Acquisition Trading Down 0.4%

Shares of Cal Redwood Acquisition stock opened at $10.31 on Friday. The stock has a 50-day moving average price of $10.30. Cal Redwood Acquisition Corp. has a 12-month low of $9.97 and a 12-month high of $10.35.

Cal Redwood Acquisition (NASDAQ:CRAQ) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $2.32 million for the quarter.

Cal Redwood Acquisition Company Profile

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.