Sculptor Capital LP Sells 500,000 Shares of Artius II Acquisition Inc. $AACB

Sculptor Capital LP lessened its holdings in Artius II Acquisition Inc. (NASDAQ:AACB) by 50.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 500,000 shares of the company’s stock after selling 500,000 shares during the quarter. Sculptor Capital LP’s holdings in Artius II Acquisition were worth $5,150,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. ABC Arbitrage SA bought a new position in Artius II Acquisition in the 4th quarter valued at $206,000. Clear Street Group Inc. purchased a new stake in shares of Artius II Acquisition in the 3rd quarter worth $387,000. Verition Fund Management LLC purchased a new stake in shares of Artius II Acquisition in the 3rd quarter worth $568,000. L1 Global Manager Pty Ltd purchased a new stake in shares of Artius II Acquisition in the 4th quarter worth $772,000. Finally, Quarry LP purchased a new stake in shares of Artius II Acquisition in the 4th quarter worth $1,138,000.

Artius II Acquisition Stock Performance

Shares of NASDAQ AACB opened at $10.51 on Tuesday. Artius II Acquisition Inc. has a 1-year low of $10.09 and a 1-year high of $10.55. The business has a fifty day moving average price of $10.42 and a 200 day moving average price of $10.36.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Artius II Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

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.