Wolverine Asset Management LLC Boosts Stock Holdings in Melar Acquisition Corp. I (NASDAQ:MACI)

Wolverine Asset Management LLC grew its position in shares of Melar Acquisition Corp. I (NASDAQ:MACI) by 216.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 327,172 shares of the company’s stock after buying an additional 223,672 shares during the quarter. Wolverine Asset Management LLC owned 1.61% of Melar Acquisition Corp. I worth $3,291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in MACI. Tidal Investments LLC purchased a new stake in shares of Melar Acquisition Corp. I during the third quarter valued at approximately $209,000. Dakota Wealth Management bought a new position in Melar Acquisition Corp. I during the third quarter valued at approximately $390,000. Deltec Asset Management LLC bought a new position in Melar Acquisition Corp. I during the third quarter valued at approximately $1,000,000. ATW Spac Management LLC bought a new position in Melar Acquisition Corp. I during the third quarter valued at approximately $1,059,000. Finally, Virtu Financial LLC bought a new position in Melar Acquisition Corp. I during the third quarter valued at approximately $1,227,000.

Melar Acquisition Corp. I Stock Performance

Shares of Melar Acquisition Corp. I stock opened at $10.18 on Friday. The firm’s 50 day moving average is $10.11. Melar Acquisition Corp. I has a twelve month low of $9.95 and a twelve month high of $10.22.

Melar Acquisition Corp. I Profile

Melar Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Melar Acquisition Corp. I is based in NEW YORK.