Parallax Volatility Advisers L.P. Invests $1.71 Million in Launch One Acquisition Corp. (NASDAQ:LPAA)

Parallax Volatility Advisers L.P. purchased a new stake in shares of Launch One Acquisition Corp. (NASDAQ:LPAA) during the third quarter, HoldingsChannel.com reports. The firm purchased 171,710 shares of the company’s stock, valued at approximately $1,713,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of LPAA. Berkley W R Corp bought a new stake in shares of Launch One Acquisition during the 3rd quarter valued at about $2,479,000. Verition Fund Management LLC purchased a new stake in Launch One Acquisition in the third quarter worth about $2,492,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Launch One Acquisition during the 3rd quarter valued at approximately $8,475,000. Wolverine Asset Management LLC purchased a new position in shares of Launch One Acquisition during the 3rd quarter worth approximately $179,000. Finally, Deltec Asset Management LLC bought a new position in shares of Launch One Acquisition in the 3rd quarter worth approximately $1,497,000.

Launch One Acquisition Price Performance

LPAA opened at $10.02 on Friday. Launch One Acquisition Corp. has a 52 week low of $9.66 and a 52 week high of $10.03. The company has a 50 day moving average price of $9.99.

About Launch One Acquisition

Launch One Acquisition Corp. 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. Launch One Acquisition Corp. is based in New York.