Wolverine Asset Management LLC Grows Position in Recharge Acquisition Corp. (OTCMKTS:RCHGU)

Wolverine Asset Management LLC lifted its position in shares of Recharge Acquisition Corp. (OTCMKTS:RCHGUGet Rating) by 189.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,756 shares of the company’s stock after buying an additional 1,804 shares during the period. Wolverine Asset Management LLC’s holdings in Recharge Acquisition were worth $27,000 as of its most recent SEC filing.

Separately, Sandia Investment Management LP purchased a new position in shares of Recharge Acquisition during the 4th quarter valued at about $956,000.

Recharge Acquisition Price Performance

Shares of OTCMKTS RCHGU opened at $10.06 on Friday. Recharge Acquisition Corp. has a 1-year low of $9.99 and a 1-year high of $10.24. The stock’s 50-day moving average is $10.03 and its 200 day moving average is $10.04.

About Recharge Acquisition

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Recharge Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Sarasota, Florida.

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Institutional Ownership by Quarter for Recharge Acquisition (OTCMKTS:RCHGU)

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