Verition Fund Management LLC Makes New $1.39 Million Investment in Focus Impact Acquisition Corp. (NASDAQ:FIAC)

Verition Fund Management LLC purchased a new position in shares of Focus Impact Acquisition Corp. (NASDAQ:FIACGet Rating) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 140,065 shares of the company’s stock, valued at approximately $1,391,000. Verition Fund Management LLC owned 0.49% of Focus Impact Acquisition at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cohanzick Management LLC purchased a new stake in Focus Impact Acquisition during the first quarter worth about $40,000. Royal Bank of Canada acquired a new position in shares of Focus Impact Acquisition during the first quarter worth about $73,000. Flow Traders U.S. LLC acquired a new position in shares of Focus Impact Acquisition during the first quarter worth about $112,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Focus Impact Acquisition during the first quarter worth about $146,000. Finally, 683 Capital Management LLC acquired a new position in shares of Focus Impact Acquisition during the fourth quarter worth about $395,000. 63.75% of the stock is currently owned by hedge funds and other institutional investors.

Focus Impact Acquisition Price Performance

Shares of Focus Impact Acquisition stock opened at $10.00 on Wednesday. Focus Impact Acquisition Corp. has a one year low of $9.68 and a one year high of $10.44. The business has a 50-day simple moving average of $9.98 and a 200-day simple moving average of $9.95.

About Focus Impact Acquisition

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Focus Impact Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the education technology, technology-enabled manufacturing and services, and financial and healthcare technology sectors.

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Institutional Ownership by Quarter for Focus Impact Acquisition (NASDAQ:FIAC)

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