FNY Investment Advisers LLC purchased a new stake in AltC Acquisition Corp. (NYSE:ALCC – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,288 shares of the company’s stock, valued at approximately $253,000.
Several other large investors have also recently modified their holdings of ALCC. Sage Mountain Advisors LLC increased its holdings in AltC Acquisition by 1.9% in the first quarter. Sage Mountain Advisors LLC now owns 53,160 shares of the company’s stock valued at $540,000 after purchasing an additional 1,010 shares during the period. Bank of America Corp DE acquired a new position in shares of AltC Acquisition in the first quarter worth approximately $44,000. MAS Advisors LLC bought a new stake in AltC Acquisition in the first quarter valued at approximately $134,000. Robinson Capital Management LLC lifted its position in shares of AltC Acquisition by 47.6% in the 1st quarter. Robinson Capital Management LLC now owns 62,000 shares of the company’s stock worth $628,000 after purchasing an additional 20,000 shares during the period. Finally, Condor Capital Management boosted its stake in shares of AltC Acquisition by 80.2% in the 1st quarter. Condor Capital Management now owns 46,363 shares of the company’s stock valued at $471,000 after purchasing an additional 20,640 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.
AltC Acquisition Price Performance
NYSE ALCC traded down $0.03 during mid-day trading on Friday, reaching $10.33. 794,753 shares of the stock were exchanged, compared to its average volume of 412,607. The stock has a 50 day simple moving average of $10.35 and a 200-day simple moving average of $10.35. AltC Acquisition Corp. has a one year low of $9.70 and a one year high of $10.77.
About AltC Acquisition
AltC Acquisition 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 formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.
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