Glazer Capital LLC Sells 4,854 Shares of Global Lights Acquisition Corp (NASDAQ:GLAC)

Glazer Capital LLC reduced its stake in Global Lights Acquisition Corp (NASDAQ:GLAC) by 1.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 290,031 shares of the company’s stock after selling 4,854 shares during the quarter. Glazer Capital LLC owned about 3.23% of Global Lights Acquisition worth $3,034,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Walleye Trading LLC acquired a new position in shares of Global Lights Acquisition in the third quarter valued at approximately $377,000. Walleye Capital LLC acquired a new position in Global Lights Acquisition in the 3rd quarter valued at $669,000. Wolverine Asset Management LLC bought a new position in Global Lights Acquisition during the 3rd quarter worth $74,000. Clear Street LLC lifted its holdings in shares of Global Lights Acquisition by 1,402.4% during the second quarter. Clear Street LLC now owns 13,792 shares of the company’s stock worth $142,000 after buying an additional 12,874 shares in the last quarter. Finally, Cowen AND Company LLC boosted its position in shares of Global Lights Acquisition by 1.0% in the second quarter. Cowen AND Company LLC now owns 503,590 shares of the company’s stock valued at $5,189,000 after acquiring an additional 5,189 shares during the period. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Global Lights Acquisition Stock Performance

GLAC stock opened at $10.61 on Friday. Global Lights Acquisition Corp has a 52 week low of $10.04 and a 52 week high of $10.95. The company’s 50-day simple moving average is $10.54 and its 200 day simple moving average is $10.41.

About Global Lights Acquisition

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.