Melar Acquisition Corp. I (NASDAQ:MACI) Shares Sold by Wealthspring Capital LLC

Wealthspring Capital LLC decreased its position in shares of Melar Acquisition Corp. I (NASDAQ:MACI) by 1.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 182,900 shares of the company’s stock after selling 1,914 shares during the period. Melar Acquisition Corp. I comprises 3.0% of Wealthspring Capital LLC’s investment portfolio, making the stock its 11th biggest holding. Wealthspring Capital LLC’s holdings in Melar Acquisition Corp. I were worth $1,844,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tidal Investments LLC acquired a new stake in shares of Melar Acquisition Corp. I during the 3rd quarter worth approximately $209,000. Dakota Wealth Management acquired a new stake in shares of Melar Acquisition Corp. I during the 3rd quarter worth approximately $390,000. Deltec Asset Management LLC acquired a new stake in shares of Melar Acquisition Corp. I during the 3rd quarter worth approximately $1,000,000. Wolverine Asset Management LLC acquired a new stake in shares of Melar Acquisition Corp. I during the 3rd quarter worth approximately $1,034,000. Finally, ATW Spac Management LLC acquired a new stake in shares of Melar Acquisition Corp. I during the 3rd quarter worth approximately $1,059,000.

Melar Acquisition Corp. I Stock Performance

Shares of NASDAQ MACI opened at $10.19 on Wednesday. Melar Acquisition Corp. I has a 12 month low of $9.95 and a 12 month high of $10.22. The stock’s 50 day moving average price is $10.12.

Melar Acquisition Corp. I Profile

Melar Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Melar Acquisition Corp. I is based in NEW YORK.