Wolverine Asset Management LLC Buys 205,826 Shares of Black Hawk Acquisition Co. (NASDAQ:BKHA)

Wolverine Asset Management LLC lifted its stake in Black Hawk Acquisition Co. (NASDAQ:BKHA) by 181.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 319,069 shares of the company’s stock after purchasing an additional 205,826 shares during the quarter. Wolverine Asset Management LLC’s holdings in Black Hawk Acquisition were worth $3,312,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Mizuho Securities USA LLC boosted its stake in shares of Black Hawk Acquisition by 17.8% in the third quarter. Mizuho Securities USA LLC now owns 602,440 shares of the company’s stock valued at $6,133,000 after buying an additional 91,112 shares during the period. Berkley W R Corp bought a new stake in shares of Black Hawk Acquisition in the third quarter valued at approximately $4,486,000. Rivernorth Capital Management LLC boosted its stake in shares of Black Hawk Acquisition by 25.0% in the third quarter. Rivernorth Capital Management LLC now owns 314,985 shares of the company’s stock valued at $3,225,000 after buying an additional 63,015 shares during the period. Walleye Capital LLC bought a new stake in shares of Black Hawk Acquisition in the third quarter valued at approximately $1,309,000. Finally, Verition Fund Management LLC boosted its stake in shares of Black Hawk Acquisition by 66.2% in the third quarter. Verition Fund Management LLC now owns 76,300 shares of the company’s stock valued at $781,000 after buying an additional 30,400 shares during the period.

Black Hawk Acquisition Trading Up 0.5 %

Shares of BKHA stock opened at $10.48 on Friday. The stock has a 50 day simple moving average of $10.41 and a 200 day simple moving average of $10.32. Black Hawk Acquisition Co. has a 1 year low of $10.09 and a 1 year high of $10.49.

About Black Hawk Acquisition

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.