ATW Spac Management LLC purchased a new stake in byNordic Acquisition Co. (NASDAQ:BYNO – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 112,841 shares of the company’s stock, valued at approximately $1,289,000. byNordic Acquisition makes up about 2.4% of ATW Spac Management LLC’s portfolio, making the stock its 14th largest position. ATW Spac Management LLC owned about 1.47% of byNordic Acquisition as of its most recent SEC filing.
Separately, Virtu Financial LLC raised its stake in shares of byNordic Acquisition by 231.2% in the fourth quarter. Virtu Financial LLC now owns 58,311 shares of the company’s stock valued at $666,000 after purchasing an additional 40,703 shares in the last quarter. 32.91% of the stock is currently owned by hedge funds and other institutional investors.
byNordic Acquisition Stock Performance
BYNO opened at $11.50 on Friday. The firm’s fifty day moving average price is $11.38 and its two-hundred day moving average price is $11.40. byNordic Acquisition Co. has a fifty-two week low of $11.09 and a fifty-two week high of $12.51.
byNordic Acquisition Profile
byNordic Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology sector in Northern Europe. byNordic Acquisition Corporation was incorporated in 2019 and is based in Malmö, Sweden.
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