Sona Asset Management US LLC Purchases Shares of 107,873 K&F GROWTH ACQUISITION CORP. II $KFII

Sona Asset Management US LLC purchased a new position in shares of K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) during the 1st quarter, Holdings Channel.com reports. The fund purchased 107,873 shares of the company’s stock, valued at approximately $1,125,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. L1 Global Manager Pty Ltd acquired a new stake in shares of K&F GROWTH ACQUISITION CORP. II in the 4th quarter valued at approximately $2,585,000. Radcliffe Capital Management L.P. grew its stake in shares of K&F GROWTH ACQUISITION CORP. II by 24.7% in the fourth quarter. Radcliffe Capital Management L.P. now owns 633,889 shares of the company’s stock valued at $6,551,000 after buying an additional 125,598 shares in the last quarter. Berkley W R Corp increased its holdings in K&F GROWTH ACQUISITION CORP. II by 10.2% during the first quarter. Berkley W R Corp now owns 1,074,855 shares of the company’s stock worth $11,211,000 after buying an additional 99,400 shares during the last quarter. ABC Arbitrage SA acquired a new position in K&F GROWTH ACQUISITION CORP. II during the fourth quarter worth $258,000. Finally, Wolverine Asset Management LLC raised its position in K&F GROWTH ACQUISITION CORP. II by 0.8% during the fourth quarter. Wolverine Asset Management LLC now owns 1,198,935 shares of the company’s stock worth $12,397,000 after acquiring an additional 9,540 shares in the last quarter.

K&F GROWTH ACQUISITION CORP. II Price Performance

Shares of NASDAQ KFII opened at $10.59 on Monday. The business’s 50 day moving average price is $10.55 and its two-hundred day moving average price is $10.47. K&F GROWTH ACQUISITION CORP. II has a twelve month low of $10.16 and a twelve month high of $10.60.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Wednesday, July 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

K&F GROWTH ACQUISITION CORP. II Company Profile

K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.

The sponsor of K&F Growth Acquisition Corp.