Decagon Asset Management LLP purchased a new stake in Range Capital Acquisition Corp. (NASDAQ:RANGU – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 618,046 shares of the company’s stock, valued at approximately $6,211,000. Range Capital Acquisition comprises 2.3% of Decagon Asset Management LLP’s investment portfolio, making the stock its 18th largest position.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Deltec Asset Management LLC bought a new position in Range Capital Acquisition during the 4th quarter worth approximately $501,000. Wealthspring Capital LLC bought a new position in Range Capital Acquisition during the 4th quarter worth approximately $1,632,000. Wolverine Asset Management LLC bought a new position in Range Capital Acquisition during the 4th quarter worth approximately $1,757,000. Finally, Schechter Investment Advisors LLC bought a new position in Range Capital Acquisition during the 4th quarter worth approximately $5,951,000.
Range Capital Acquisition Stock Performance
NASDAQ:RANGU opened at $10.18 on Wednesday. Range Capital Acquisition Corp. has a 52 week low of $10.00 and a 52 week high of $11.05. The business’s 50 day moving average price is $10.18.
Range Capital Acquisition Profile
We are a blank check company incorporated on July 24, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”.
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