Globa Terra Acquisition Corp $GTERA Shares Bought by Radcliffe Capital Management L.P.

Radcliffe Capital Management L.P. grew its holdings in shares of Globa Terra Acquisition Corp (NASDAQ:GTERA) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 350,000 shares of the company’s stock after purchasing an additional 50,000 shares during the period. Radcliffe Capital Management L.P.’s holdings in Globa Terra Acquisition were worth $3,535,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in GTERA. L1 Global Manager Pty Ltd acquired a new position in shares of Globa Terra Acquisition in the fourth quarter valued at approximately $1,010,000. Berkley W R Corp lifted its holdings in Globa Terra Acquisition by 23.6% during the 4th quarter. Berkley W R Corp now owns 886,763 shares of the company’s stock worth $8,956,000 after buying an additional 169,237 shares in the last quarter. Picton Mahoney Asset Management acquired a new stake in Globa Terra Acquisition during the 4th quarter worth approximately $1,515,000. Bulldog Investors LLP purchased a new position in Globa Terra Acquisition in the 4th quarter valued at approximately $221,000. Finally, Wolverine Asset Management LLC grew its stake in shares of Globa Terra Acquisition by 1.1% in the fourth quarter. Wolverine Asset Management LLC now owns 1,162,340 shares of the company’s stock worth $11,740,000 after acquiring an additional 12,856 shares in the last quarter.

Globa Terra Acquisition Stock Performance

Globa Terra Acquisition stock opened at $10.30 on Wednesday. Globa Terra Acquisition Corp has a twelve month low of $9.93 and a twelve month high of $10.31. The stock’s fifty day moving average is $10.26.

Globa Terra Acquisition (NASDAQ:GTERA) last released its earnings results on Thursday, May 14th. The company reported $0.08 earnings per share (EPS) for the quarter.

Globa Terra Acquisition (NASDAQ: GTERA) is a special purpose acquisition company (SPAC), commonly referred to as a blank?check company, formed to effect mergers, share exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations. Its primary corporate purpose is to raise capital in an initial public offering and to identify and complete a business combination that will result in a private operating company becoming publicly traded.

As a SPAC, Globa Terra Acquisition does not operate a traditional, revenue?generating business prior to completion of its business combination.