Polar Asset Management Partners Inc. Makes New $20.24 Million Investment in Act II Global Acquisition Corp. (OTCMKTS:ACTTU)

Polar Asset Management Partners Inc. acquired a new position in shares of Act II Global Acquisition Corp. (OTCMKTS:ACTTU) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,000,000 shares of the company’s stock, valued at approximately $20,240,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cowen Inc. purchased a new position in shares of Act II Global Acquisition in the 2nd quarter worth approximately $643,000. Monashee Investment Management LLC purchased a new position in shares of Act II Global Acquisition in the 2nd quarter worth approximately $1,012,000. Vertex One Asset Management Inc. purchased a new position in shares of Act II Global Acquisition in the 2nd quarter worth approximately $2,024,000. Myriad Asset Management Ltd. purchased a new position in shares of Act II Global Acquisition in the 2nd quarter worth approximately $3,036,000. Finally, Periscope Capital Inc. purchased a new position in shares of Act II Global Acquisition in the 2nd quarter worth approximately $3,556,000.

Shares of OTCMKTS ACTTU traded down $0.02 during midday trading on Wednesday, reaching $10.33. The company’s stock had a trading volume of 300 shares, compared to its average volume of 43,551. The firm has a 50 day moving average price of $10.26. Act II Global Acquisition Corp. has a 12-month low of $10.00 and a 12-month high of $10.35.



Act II Global Acquisition Company Profile

Act II Global Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in consumer packaged goods and other consumables, and hospitality businesses. The company was incorporated in 2018 and is based in New York, New York.

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Institutional Ownership by Quarter for Act II Global Acquisition (OTCMKTS:ACTTU)

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