1,997,101 Shares in Stratim Cloud Acquisition Corp. (NASDAQ:SCAQU) Purchased by Castle Creek Arbitrage LLC

Castle Creek Arbitrage LLC purchased a new position in shares of Stratim Cloud Acquisition Corp. (NASDAQ:SCAQU) during the first quarter, HoldingsChannel reports. The fund purchased 1,997,101 shares of the company’s stock, valued at approximately $19,911,000. Stratim Cloud Acquisition comprises 1.2% of Castle Creek Arbitrage LLC’s investment portfolio, making the stock its 10th biggest position.

Other large investors have also added to or reduced their stakes in the company. Panagora Asset Management Inc. bought a new position in Stratim Cloud Acquisition during the first quarter worth about $97,000. Berkley W R Corp bought a new position in Stratim Cloud Acquisition during the first quarter worth about $98,000. Landscape Capital Management L.L.C. bought a new position in Stratim Cloud Acquisition during the first quarter worth about $100,000. Ergoteles LLC bought a new position in Stratim Cloud Acquisition during the first quarter worth about $110,000. Finally, Vivaldi Asset Management LLC bought a new position in Stratim Cloud Acquisition during the first quarter worth about $135,000.

SCAQU stock traded down $0.03 during mid-day trading on Thursday, hitting $9.95. The stock had a trading volume of 3,849 shares, compared to its average volume of 138,480. Stratim Cloud Acquisition Corp. has a 52 week low of $9.85 and a 52 week high of $10.06. The stock’s fifty day moving average is $9.97.

Stratim Cloud Acquisition Company Profile

Stratim Cloud Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other transaction with one or more businesses. The company was incorporated in 2020 and is based in San Francisco, California.

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Institutional Ownership by Quarter for Stratim Cloud Acquisition (NASDAQ:SCAQU)

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