Bulldog Investors LLP reduces position in AlphaTime Acquisition Corp (NASDAQ:ATMC)

Bulldog Investors LLP reduced its holdings in AlphaTime Acquisition Corp (NASDAQ:ATMC – Free Report) by 3.0% during the fourth quarter, according to its latest filing with the SEC. The institutional investor owned 59,402 shares of the company’s stock after selling 1,830 shares during the quarter. At the end of the last reporting period, Bulldog Investors LLP held approximately 0.86% of AlphaTime Acquisition worth $637,000.

Separately, Cowen AND Company LLC increased its holdings in AlphaTime Acquisition by 123.1% during the 3rd quarter. Cowen AND Company LLC now owns 113,557 shares of the company’s stock valued at $1,198,000 after acquiring an additional 62,657 shares during the period. 82.24% of the shares are held by hedge funds and other institutional investors.

Price performance of the AlphaTime acquisition

On Friday, ATMC opened at $11.04. The company has a 50-day moving average price of $11.04 and a 200-day moving average price of $10.90. AlphaTime Acquisition Corp has a twelve month low of $10.37 and a twelve month high of $11.86.

Information about the AlphaTime acquisition

(free report)

AlphaTime Acquisition Corp intends to enter into a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more companies. The company was founded in 2021 and is headquartered in New York, New York.

Price performance of the AlphaTime acquisition

Information about the AlphaTime acquisition

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