Governors Lane LP Buys Shares of 750,000 M Evo Global Acquisition Corp II $MEVO

Governors Lane LP bought a new stake in M Evo Global Acquisition Corp II (NASDAQ:MEVO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 750,000 shares of the company’s stock, valued at approximately $7,440,000. Governors Lane LP owned about 2.50% of M Evo Global Acquisition Corp II at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MEVO. Lineage Point Capital LP bought a new position in M Evo Global Acquisition Corp II in the second quarter valued at approximately $1,934,000. Moore Capital Management LP acquired a new position in shares of M Evo Global Acquisition Corp II in the 2nd quarter valued at $1,984,000. Finally, Rivernorth Capital Management LLC bought a new position in shares of M Evo Global Acquisition Corp II in the 2nd quarter worth $3,996,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded M Evo Global Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

M Evo Global Acquisition Corp II Stock Up 0.2%

Shares of NASDAQ MEVO opened at $10.04 on Wednesday. The firm’s 50 day moving average price is $9.97. M Evo Global Acquisition Corp II has a 52-week low of $9.83 and a 52-week high of $11.14.

M Evo Global Acquisition Corp II Company Profile

M Evo Global Acquisition Corp II is a blank check special purposr acquisition company.