Toronto Dominion Bank Invests $947,000 in Denali Capital Acquisition Corp. (NASDAQ:DECA)

Toronto Dominion Bank purchased a new position in shares of Denali Capital Acquisition Corp. (NASDAQ:DECA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 80,000 shares of the company’s stock, valued at approximately $947,000.

Denali Capital Acquisition Stock Down 5.8%

NASDAQ:DECA opened at $11.45 on Friday. Denali Capital Acquisition Corp. has a 52-week low of $5.09 and a 52-week high of $13.20. The stock has a fifty day simple moving average of $11.70 and a 200-day simple moving average of $11.83.

Denali Capital Acquisition Profile

Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. It intends to complete a business combination with companies primarily operating in the technology, consumer, and hospitality sectors.