Periscope Capital Inc. bought a new stake in Forbion European Acquisition Corp. (NASDAQ:FRBN – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 405,917 shares of the company’s stock, valued at approximately $4,268,000.
Several other institutional investors have also bought and sold shares of the stock. Wolverine Asset Management LLC boosted its holdings in Forbion European Acquisition by 739.9% during the 1st quarter. Wolverine Asset Management LLC now owns 14,287 shares of the company’s stock worth $151,000 after acquiring an additional 12,586 shares during the last quarter. Glazer Capital LLC bought a new position in shares of Forbion European Acquisition during the first quarter valued at about $156,000. Virtu Financial LLC purchased a new position in Forbion European Acquisition during the first quarter worth about $233,000. UBS Group AG bought a new stake in Forbion European Acquisition in the 1st quarter worth about $249,000. Finally, Prelude Capital Management LLC purchased a new stake in Forbion European Acquisition in the 1st quarter valued at about $508,000. Institutional investors own 64.16% of the company’s stock.
Forbion European Acquisition Price Performance
Shares of NASDAQ FRBN traded up $0.01 during midday trading on Thursday, reaching $10.90. The company’s stock had a trading volume of 102 shares, compared to its average volume of 190,843. The firm has a 50 day moving average price of $10.82 and a 200-day moving average price of $10.64. Forbion European Acquisition Corp. has a 12-month low of $10.05 and a 12-month high of $11.16.
Forbion European Acquisition Company Profile
Forbion European Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify opportunities in the life sciences industry in Europe.
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