Wolverine Asset Management LLC Makes New $101,000 Investment in First Reserve Sustainable Growth Corp. (NASDAQ:FRSG)

Wolverine Asset Management LLC acquired a new stake in shares of First Reserve Sustainable Growth Corp. (NASDAQ:FRSGGet Rating) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,380 shares of the company’s stock, valued at approximately $101,000.

A number of other large investors also recently modified their holdings of the company. Omni Event Management Ltd bought a new position in First Reserve Sustainable Growth during the fourth quarter valued at approximately $12,722,000. Glazer Capital LLC boosted its stake in shares of First Reserve Sustainable Growth by 380.2% in the 4th quarter. Glazer Capital LLC now owns 1,011,442 shares of the company’s stock valued at $10,013,000 after purchasing an additional 800,811 shares in the last quarter. JCP Investment Management LLC bought a new position in shares of First Reserve Sustainable Growth during the 4th quarter valued at $3,852,000. RPO LLC purchased a new position in First Reserve Sustainable Growth in the 4th quarter worth $2,141,000. Finally, Sessa Capital IM L.P. lifted its stake in First Reserve Sustainable Growth by 2.1% in the fourth quarter. Sessa Capital IM L.P. now owns 184,059 shares of the company’s stock worth $1,822,000 after purchasing an additional 3,732 shares during the last quarter. 72.28% of the stock is owned by hedge funds and other institutional investors.

First Reserve Sustainable Growth Stock Performance

NASDAQ FRSG opened at $9.83 on Thursday. The company has a 50-day simple moving average of $9.79 and a two-hundred day simple moving average of $9.79. First Reserve Sustainable Growth Corp. has a 12-month low of $9.60 and a 12-month high of $10.22.

First Reserve Sustainable Growth Profile

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First Reserve Sustainable Growth Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Stamford, Connecticut.

Further Reading

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Institutional Ownership by Quarter for First Reserve Sustainable Growth (NASDAQ:FRSG)

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