ATW Spac Management LLC Makes New Investment in Denali Capital Acquisition Corp. (NASDAQ:DECA)

ATW Spac Management LLC purchased a new position in shares of Denali Capital Acquisition Corp. (NASDAQ:DECA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,500 shares of the company’s stock, valued at approximately $435,000.

Separately, Clear Street LLC acquired a new position in shares of Denali Capital Acquisition during the second quarter worth about $182,000.

Denali Capital Acquisition Price Performance

Shares of Denali Capital Acquisition stock opened at $11.69 on Thursday. Denali Capital Acquisition Corp. has a one year low of $4.05 and a one year high of $14.10. The business has a 50-day simple moving average of $11.54 and a 200-day simple moving average of $10.31.

About Denali Capital Acquisition

Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. It intends to complete a business combination with companies primarily operating in the technology, consumer, and hospitality sectors.