Radcliffe Capital Management L.P. Buys 115,517 Shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

Radcliffe Capital Management L.P. raised its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) by 36.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 435,448 shares of the company’s stock after acquiring an additional 115,517 shares during the quarter. Radcliffe Capital Management L.P.’s holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares were worth $4,607,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Millennium Management LLC bought a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 1st quarter worth approximately $7,100,000. Goldman Sachs Group Inc. purchased a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the first quarter worth $7,680,000. JPMorgan Chase & Co. purchased a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the second quarter worth $1,567,000. Shaolin Capital Management LLC raised its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 54.5% in the second quarter. Shaolin Capital Management LLC now owns 275,000 shares of the company’s stock valued at $2,879,000 after buying an additional 97,008 shares during the period. Finally, Sandia Investment Management LP raised its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 485.9% in the second quarter. Sandia Investment Management LP now owns 180,870 shares of the company’s stock valued at $1,894,000 after buying an additional 150,000 shares during the period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Bold Eagle Acquisition Corp. – Class A Ordinary Shares currently has a consensus rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Price Performance

NASDAQ BEAG opened at $10.64 on Wednesday. The company’s 50 day moving average is $10.58 and its 200-day moving average is $10.59. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 12-month low of $10.34 and a 12-month high of $10.95.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last released its quarterly earnings data on Friday, May 15th. The company reported $0.07 EPS for the quarter.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Profile

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank?check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.