Mizuho Securities USA LLC Takes $2.31 Million Position in Translational Development Acquisition Corp. (NASDAQ:TDACU)

Mizuho Securities USA LLC acquired a new position in shares of Translational Development Acquisition Corp. (NASDAQ:TDACU) in the fourth quarter, HoldingsChannel reports. The fund acquired 125,000 shares of the company’s stock, valued at approximately $2,305,000.

Several other large investors have also made changes to their positions in the company. Tuttle Capital Management LLC purchased a new stake in Translational Development Acquisition during the fourth quarter worth approximately $461,000. Wealthspring Capital LLC purchased a new stake in Translational Development Acquisition during the 4th quarter worth $1,095,000. Schechter Investment Advisors LLC acquired a new stake in Translational Development Acquisition in the 4th quarter valued at $2,778,000. Periscope Capital Inc. purchased a new position in Translational Development Acquisition in the fourth quarter valued at about $3,688,000. Finally, Picton Mahoney Asset Management acquired a new position in shares of Translational Development Acquisition during the fourth quarter worth about $4,610,000.

Translational Development Acquisition Price Performance

Shares of NASDAQ TDACU opened at $10.14 on Tuesday. Translational Development Acquisition Corp. has a 1-year low of $10.00 and a 1-year high of $10.30. The stock has a 50-day moving average of $10.09.

Translational Development Acquisition Profile

Trident Acquisitions Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses primarily in the oil and gas or other natural resource sector.