Fifth Lane Capital LP Purchases Shares of 246,654 Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

Fifth Lane Capital LP bought a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 246,654 shares of the company’s stock, valued at approximately $2,610,000. Bold Eagle Acquisition Corp. – Class A Ordinary Shares comprises approximately 1.9% of Fifth Lane Capital LP’s holdings, making the stock its 9th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Harraden Circle Investments LLC purchased a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 4th quarter worth approximately $27,040,000. Centiva Capital LP grew its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 455.4% during the 3rd quarter. Centiva Capital LP now owns 1,567,798 shares of the company’s stock worth $16,305,000 after acquiring an additional 1,285,514 shares during the period. Meteora Capital LLC raised its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 192.8% in the third quarter. Meteora Capital LLC now owns 1,361,224 shares of the company’s stock worth $14,157,000 after purchasing an additional 896,297 shares in the last quarter. Lighthouse Investment Partners LLC increased its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 78.6% in the 2nd quarter. Lighthouse Investment Partners LLC now owns 1,250,000 shares of the company’s stock worth $13,088,000 after acquiring an additional 550,000 shares in the last quarter. Finally, Hudson Bay Capital Management LP grew its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 627.2% in the 3rd quarter. Hudson Bay Capital Management LP now owns 1,020,311 shares of the company’s stock worth $10,611,000 after buying an additional 880,000 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research report on Thursday, April 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Price Performance

Shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares stock opened at $10.63 on Friday. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 12 month low of $10.34 and a 12 month high of $10.95. The stock has a 50 day moving average of $10.58 and a 200 day moving average of $10.59.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last announced its earnings results on Friday, May 15th. The company reported $0.07 earnings per share (EPS) for the quarter.

About Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank‐check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.