Harraden Circle Investments LLC Buys Shares of 2,543,594 Future Money Acquisition Corp $FMACU

Harraden Circle Investments LLC bought a new position in shares of Future Money Acquisition Corp (NASDAQ:FMACU) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,543,594 shares of the company’s stock, valued at approximately $25,741,000. Future Money Acquisition accounts for about 2.5% of Harraden Circle Investments LLC’s holdings, making the stock its 10th largest position.

Separately, Lineage Point Capital LP acquired a new position in shares of Future Money Acquisition in the second quarter worth $2,419,000.

Future Money Acquisition Stock Performance

Future Money Acquisition stock opened at $10.17 on Friday. Future Money Acquisition Corp has a twelve month low of $9.98 and a twelve month high of $10.35. The stock’s fifty day moving average is $10.19.

Future Money Acquisition Company Profile

Future Money Acquisition (NASDAQ: FMACU) is a special purpose acquisition company, commonly known as a blank‑check company, that completed an initial public offering of units and is organized to effect a business combination with one or more operating businesses. As a SPAC, its principal activity is to identify, evaluate and consummate mergers, capital stock exchanges, asset acquisitions, reorganizations or similar business combinations that would result in its transition to an operating company.

Like other SPACs, Future Money Acquisition typically holds the proceeds of its offering in a trust account pending the identification and closing of a qualifying transaction.