Warberg Asset Management LLC Makes New Investment in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE)

Warberg Asset Management LLC acquired a new stake in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,414 shares of the company’s stock, valued at approximately $208,000. Warberg Asset Management LLC owned about 0.27% of Technology & Telecommunication Acquisition at the end of the most recent reporting period.

Separately, Quarry LP boosted its holdings in shares of Technology & Telecommunication Acquisition by 7.4% in the 4th quarter. Quarry LP now owns 140,033 shares of the company’s stock valued at $1,612,000 after purchasing an additional 9,604 shares during the last quarter. Institutional investors and hedge funds own 45.39% of the company’s stock.

Technology & Telecommunication Acquisition Price Performance

Shares of NASDAQ TETE opened at $12.09 on Friday. The firm has a fifty day moving average of $12.05 and a 200-day moving average of $11.91. Technology & Telecommunication Acquisition Co. has a 52-week low of $11.07 and a 52-week high of $12.25.

About Technology & Telecommunication Acquisition

Technology & Telecommunication Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.