59,332 Shares in Spring Valley Acquisition Corp III $SVACU Purchased by Readystate Asset Management LP

Readystate Asset Management LP acquired a new position in Spring Valley Acquisition Corp III (NASDAQ:SVACU) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 59,332 shares of the company’s stock, valued at approximately $616,000.

Separately, Harraden Circle Investments LLC bought a new position in shares of Spring Valley Acquisition Corp III during the 2nd quarter worth approximately $5,782,000.

Spring Valley Acquisition Corp III Stock Performance

Shares of NASDAQ SVACU opened at $10.00 on Tuesday. The stock’s 50 day moving average price is $10.16 and its 200-day moving average price is $10.63. Spring Valley Acquisition Corp III has a twelve month low of $9.56 and a twelve month high of $13.50.

Spring Valley Acquisition Corp III Company Profile

Spring Valley Acquisition Corp III (NASDAQ: SVACU) is a special purpose acquisition company (SPAC) that raised capital in the public markets with the principal objective of effecting a business combination with one or more operating businesses. As a blank?check vehicle, the company typically issues units in its initial public offering that separate into common shares and warrants once trading begins, providing investors with structured exposure to a potential merger target prior to a definitive transaction.

Like other SPACs, Spring Valley Acquisition Corp III holds the proceeds of its offering in a trust account pending the identification and completion of a qualifying business combination.