Verition Fund Management LLC acquired a new stake in Compass Digital Acquisition Corp. (NASDAQ:CDAQ – Get Rating) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 174,741 shares of the company’s stock, valued at approximately $1,686,000. Verition Fund Management LLC owned 0.68% of Compass Digital Acquisition at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Radcliffe Capital Management L.P. bought a new stake in Compass Digital Acquisition in the fourth quarter valued at approximately $19,021,000. Bank of America Corp DE bought a new stake in Compass Digital Acquisition in the fourth quarter valued at approximately $3,720,000. Picton Mahoney Asset Management bought a new stake in Compass Digital Acquisition in the first quarter valued at approximately $2,893,000. Taconic Capital Advisors LP bought a new stake in Compass Digital Acquisition in the first quarter valued at approximately $2,413,000. Finally, Corbin Capital Partners L.P. bought a new stake in Compass Digital Acquisition in the fourth quarter valued at approximately $1,766,000. 54.83% of the stock is currently owned by institutional investors and hedge funds.
Compass Digital Acquisition Stock Up 0.1 %
Shares of NASDAQ:CDAQ opened at $9.74 on Tuesday. The company has a 50 day moving average price of $9.70 and a two-hundred day moving average price of $9.67. Compass Digital Acquisition Corp. has a 52 week low of $9.59 and a 52 week high of $9.78.
Compass Digital Acquisition Company Profile
Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.
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