Kingstown Capital Management L.P. Purchases New Position in Silver Crest Acquisition Co. (NASDAQ:SLCR)

Kingstown Capital Management L.P. bought a new position in shares of Silver Crest Acquisition Co. (NASDAQ:SLCR) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 300,000 shares of the company’s stock, valued at approximately $2,910,000.

A number of other large investors have also bought and sold shares of the stock. Wolverine Asset Management LLC acquired a new stake in Silver Crest Acquisition during the 1st quarter worth approximately $34,000. Exos Asset Management LLC acquired a new stake in Silver Crest Acquisition during the 1st quarter worth approximately $115,000. Easterly Investment Partners LLC acquired a new stake in Silver Crest Acquisition during the 1st quarter worth approximately $194,000. Levin Capital Strategies L.P. acquired a new stake in Silver Crest Acquisition during the 1st quarter worth approximately $194,000. Finally, Sanders Morris Harris LLC acquired a new stake in Silver Crest Acquisition during the 1st quarter worth approximately $194,000.

NASDAQ:SLCR traded down $0.01 during mid-day trading on Thursday, hitting $9.65. 330 shares of the company’s stock were exchanged, compared to its average volume of 105,310. The stock’s 50 day moving average is $9.68. Silver Crest Acquisition Co. has a fifty-two week low of $9.56 and a fifty-two week high of $10.78.

Silver Crest Acquisition Company Profile

Silver Crest Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based Central, Hong Kong.

Further Reading: Special Dividends

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Institutional Ownership by Quarter for Silver Crest Acquisition (NASDAQ:SLCR)

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