L1 Global Manager Pty Ltd Makes New $772,000 Investment in Artius II Acquisition Inc. $AACB

L1 Global Manager Pty Ltd purchased a new position in Artius II Acquisition Inc. (NASDAQ:AACB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 75,000 shares of the company’s stock, valued at approximately $772,000.

Several other institutional investors and hedge funds have also bought and sold shares of AACB. Sculptor Capital LP purchased a new position in Artius II Acquisition in the second quarter worth $14,168,000. Moore Capital Management LP purchased a new position in Artius II Acquisition in the second quarter worth $5,060,000. Mangrove Partners IM LLC purchased a new position in Artius II Acquisition in the third quarter worth $4,581,000. Radcliffe Capital Management L.P. grew its holdings in Artius II Acquisition by 142.5% in the third quarter. Radcliffe Capital Management L.P. now owns 650,000 shares of the company’s stock worth $6,598,000 after purchasing an additional 381,998 shares during the last quarter. Finally, Shaolin Capital Management LLC grew its holdings in Artius II Acquisition by 147.8% in the third quarter. Shaolin Capital Management LLC now owns 371,756 shares of the company’s stock worth $3,784,000 after purchasing an additional 221,756 shares during the last quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Artius II Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Artius II Acquisition Stock Performance

NASDAQ AACB opened at $10.50 on Friday. The company has a fifty day moving average of $10.42 and a 200 day moving average of $10.36. Artius II Acquisition Inc. has a 1 year low of $10.09 and a 1 year high of $10.55.

Artius II Acquisition (NASDAQ:AACB) last posted its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter.

Artius II Acquisition Profile

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank?check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.