Harraden Circle Investments LLC Purchases New Shares in JAB Acquisition Corp I $JABRU

Harraden Circle Investments LLC bought a new stake in JAB Acquisition Corp I (NASDAQ:JABRU) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 900,000 shares of the company’s stock, valued at approximately $9,027,000.

Separately, Rivernorth Capital Management LLC bought a new stake in JAB Acquisition Corp I in the 2nd quarter valued at about $3,518,000.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of JAB Acquisition Corp I to a “hold” rating in a research report on Saturday, August 1st.

JAB Acquisition Corp I Trading Up 0.1%

JABRU opened at $10.11 on Friday. The stock’s fifty day moving average is $10.08. JAB Acquisition Corp I has a 52-week low of $9.99 and a 52-week high of $10.12.

JAB Acquisition Corp I Company Profile

JAB Acquisition Corp I is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization, or similar business combination with one or more businesses. As a blank check company, it does not operate a traditional commercial business of its own but is instead structured to raise capital and identify an acquisition target.

The company was organized to seek opportunities in industries and geographies that align with its management team’s experience and investment strategy.