Sanders Morris Harris LLC purchased a new stake in shares of Merida Merger Corp. I (NASDAQ:MCMJ) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,000 shares of the company’s stock, valued at approximately $147,000. Sanders Morris Harris LLC owned approximately 0.09% of Merida Merger Corp. I as of its most recent SEC filing.
NASDAQ MCMJ remained flat at $$9.80 during trading hours on Friday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 38,029. Merida Merger Corp. I has a twelve month low of $7.72 and a twelve month high of $10.46.
Merida Merger Corp. I Company Profile
Merida Merger Corp. I does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was founded in 2019 and is based in New York, New York.
Further Reading: What is a dead cat bounce?
Receive News & Ratings for Merida Merger Corp. I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merida Merger Corp. I and related companies with MarketBeat.com's FREE daily email newsletter.