Moore Capital Management LP bought a new position in shares of Tribeca Strategic Acquisition Corp. (NASDAQ:BIDWU – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 200,000 shares of the company’s stock, valued at approximately $1,990,000.
Tribeca Strategic Acquisition Stock Down 0.7%
BIDWU opened at $9.95 on Tuesday. Tribeca Strategic Acquisition Corp. has a 1-year low of $9.94 and a 1-year high of $10.02. The business has a 50-day moving average of $9.96.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Tribeca Strategic Acquisition to a “hold” rating in a research note on Saturday, June 6th.
About Tribeca Strategic Acquisition
We are a blank check company incorporated on October 15, 2025 as a Cayman Islands exempted company and incorporated 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 specific 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.
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