Periscope Capital Inc. Buys New Position in FACT II Acquisition Corp. Unit (NASDAQ:FACTU)

Periscope Capital Inc. purchased a new position in FACT II Acquisition Corp. Unit (NASDAQ:FACTU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 150,000 shares of the company’s stock, valued at approximately $1,497,000.

Several other institutional investors and hedge funds have also modified their holdings of FACTU. Wealthspring Capital LLC purchased a new stake in FACT II Acquisition Corp. Unit in the 4th quarter worth approximately $1,828,000. Picton Mahoney Asset Management bought a new position in shares of FACT II Acquisition Corp. Unit in the fourth quarter worth approximately $2,994,000. Finally, Schechter Investment Advisors LLC purchased a new stake in shares of FACT II Acquisition Corp. Unit in the fourth quarter worth $6,041,000.

FACT II Acquisition Corp. Unit Stock Performance

Shares of FACTU stock opened at $10.06 on Monday. FACT II Acquisition Corp. Unit has a one year low of $9.93 and a one year high of $10.25. The company’s fifty day moving average price is $10.03.

FACT II Acquisition Corp. Unit Company Profile

We are a blank check company, incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.