Mizuho Securities USA LLC Purchases Shares of 10,401,000 SDCL EDGE Acquisition Co. (NYSE:SEDA)

Mizuho Securities USA LLC bought a new stake in SDCL EDGE Acquisition Co. (NYSE:SEDA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,401,000 shares of the company’s stock, valued at approximately $119,195,000. Mizuho Securities USA LLC owned 102.17% of SDCL EDGE Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SEDA. Spartan Fund Management Inc. grew its holdings in shares of SDCL EDGE Acquisition by 3,070.9% during the second quarter. Spartan Fund Management Inc. now owns 65,892 shares of the company’s stock worth $733,000 after purchasing an additional 63,814 shares during the last quarter. K2 Principal Fund L.P. acquired a new position in shares of SDCL EDGE Acquisition during the second quarter worth approximately $550,000. Virtu Financial LLC increased its holdings in shares of SDCL EDGE Acquisition by 66.6% in the first quarter. Virtu Financial LLC now owns 24,515 shares of the company’s stock valued at $268,000 after purchasing an additional 9,797 shares in the last quarter. Finally, Berkley W R Corp raised its position in SDCL EDGE Acquisition by 85.0% in the 1st quarter. Berkley W R Corp now owns 1,186,071 shares of the company’s stock worth $12,976,000 after purchasing an additional 545,031 shares during the last quarter. 67.87% of the stock is currently owned by institutional investors.

SDCL EDGE Acquisition Price Performance

NYSE:SEDA opened at $11.30 on Friday. The stock’s fifty day moving average price is $11.32 and its two-hundred day moving average price is $11.24. SDCL EDGE Acquisition Co. has a 52-week low of $10.68 and a 52-week high of $14.92.

SDCL EDGE Acquisition Profile

SDCL EDGE Acquisition Corporation does not have significant operations. It intends to pursue opportunities in the energy, built environment, and transport sectors. The company was incorporated in 2021 and is based in New York, New York.