Glazer Capital LLC Buys Shares of 300,196 South Mountain Merger Corp. (OTCMKTS:SMMCU)

Glazer Capital LLC bought a new stake in shares of South Mountain Merger Corp. (OTCMKTS:SMMCU) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 300,196 shares of the company’s stock, valued at approximately $3,002,000.

A number of other large investors have also recently made changes to their positions in SMMCU. Deltec Asset Management LLC acquired a new stake in South Mountain Merger during the 2nd quarter valued at $1,000,000. TimesSquare Capital Management LLC acquired a new position in shares of South Mountain Merger in the second quarter worth $5,000,000. Periscope Capital Inc. acquired a new position in shares of South Mountain Merger in the second quarter worth $4,051,000. Myriad Asset Management Ltd. acquired a new position in shares of South Mountain Merger in the second quarter worth $1,500,000. Finally, Monashee Investment Management LLC acquired a new position in shares of South Mountain Merger in the second quarter worth $2,500,000.

Shares of OTCMKTS SMMCU traded down $0.19 during mid-day trading on Friday, reaching $10.06. The company had a trading volume of 111 shares, compared to its average volume of 67,342. South Mountain Merger Corp. has a twelve month low of $9.95 and a twelve month high of $10.25. The stock has a 50 day simple moving average of $10.12.

South Mountain Merger Company Profile

South Mountain Merger Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2019 and is based in New York, New York.

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Institutional Ownership by Quarter for South Mountain Merger (OTCMKTS:SMMCU)

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