Magnetar Financial LLC Purchases Shares of 495,208 Lake Superior Acquisition Corp $LKSPU

Magnetar Financial LLC purchased a new stake in Lake Superior Acquisition Corp (NASDAQ:LKSPU) in the 4th quarter, Holdings Channel reports. The firm purchased 495,208 shares of the company’s stock, valued at approximately $5,039,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Quarry LP purchased a new stake in Lake Superior Acquisition in the 4th quarter valued at about $331,000. Clear Street Group Inc. purchased a new stake in Lake Superior Acquisition in the 4th quarter valued at about $797,000. Finally, Westchester Capital Management LLC purchased a new stake in Lake Superior Acquisition in the 4th quarter valued at about $2,581,000.

Lake Superior Acquisition Stock Performance

LKSPU opened at $10.28 on Wednesday. The business has a 50-day moving average of $10.29 and a two-hundred day moving average of $10.22. Lake Superior Acquisition Corp has a 12 month low of $10.00 and a 12 month high of $10.36.

About Lake Superior Acquisition

We are a blank check company, incorporated as a British Virgin Islands business company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.