Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) Stock Price Up 0% – Here’s What Happened

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) shares rose 0% during trading on Tuesday . The company traded as high as $0.7060 and last traded at $0.80. Approximately 1,101 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 18,565 shares. The stock had previously closed at $0.7999.

Cohen Circle Acquisition Corp. II Stock Performance

The company has a 50 day moving average of $0.77 and a 200 day moving average of $0.71.

Institutional Investors Weigh In On Cohen Circle Acquisition Corp. II

Large investors have recently modified their holdings of the business. DLD Asset Management LP bought a new position in shares of Cohen Circle Acquisition Corp. II during the 4th quarter valued at about $26,000. Alberta Investment Management Corp bought a new stake in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $35,000. Weiss Asset Management LP bought a new stake in Cohen Circle Acquisition Corp. II in the 4th quarter valued at $39,000. Magnetar Financial LLC acquired a new stake in shares of Cohen Circle Acquisition Corp. II in the 4th quarter valued at about $53,000. Finally, Mint Tower Capital Management B.V. bought a new stake in shares of Cohen Circle Acquisition Corp. II in the fourth quarter valued at about $70,000.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II is a special purpose acquisition company (SPAC) organized to raise capital through the public markets for the purpose of effecting one or more business combinations. It is listed on the Nasdaq under the ticker CCIIW. As a blank?check company, it does not operate a conventional commercial business but instead focuses on identifying, negotiating and completing a merger, capital stock exchange, asset acquisition, or similar business combination with a private company.

The company’s principal activities center on sourcing and evaluating potential target businesses, conducting due diligence, negotiating transaction terms and securing shareholder and regulatory approvals for proposed deals.