K2 Principal Fund L.P. Invests $4.06 Million in Roman DBDR Acquisition Corp. II Unit (NASDAQ:DRDBU)

K2 Principal Fund L.P. purchased a new stake in Roman DBDR Acquisition Corp. II Unit (NASDAQ:DRDBU) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 407,190 shares of the company’s stock, valued at approximately $4,060,000.

A number of other hedge funds have also modified their holdings of DRDBU. Warberg Asset Management LLC acquired a new stake in Roman DBDR Acquisition Corp. II Unit in the fourth quarter worth $249,000. B. Riley Financial Inc. acquired a new stake in Roman DBDR Acquisition Corp. II Unit during the 4th quarter worth $352,000. Citadel Advisors LLC acquired a new position in Roman DBDR Acquisition Corp. II Unit in the fourth quarter valued at about $469,000. Centiva Capital LP bought a new stake in shares of Roman DBDR Acquisition Corp. II Unit in the fourth quarter worth about $498,000. Finally, Quarry LP acquired a new stake in shares of Roman DBDR Acquisition Corp. II Unit during the fourth quarter worth about $499,000.

Roman DBDR Acquisition Corp. II Unit Price Performance

Shares of DRDBU opened at $10.50 on Friday. The company has a 50 day simple moving average of $10.22. Roman DBDR Acquisition Corp. II Unit has a 52-week low of $9.93 and a 52-week high of $10.60.

Roman DBDR Acquisition Corp. II Unit Company Profile

We are a newly organized blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.