Gabelli Funds LLC acquired a new position in shares of Monocle Acquisition Corporation (OTCMKTS:MNCLU) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 250,700 shares of the company’s stock, valued at approximately $2,527,000.
Separately, Periscope Capital Inc. acquired a new position in Monocle Acquisition during the 1st quarter valued at $6,379,000.
OTCMKTS:MNCLU opened at $10.14 on Thursday. Monocle Acquisition Corporation has a one year low of $10.00 and a one year high of $10.15.
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About Monocle Acquisition
Monocle Acquisition Corporation intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in the aerospace and defense, industrial, and technology and telecommunications sectors. The company was founded in 2018 and is based in New York, New York.
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