Picton Mahoney Asset Management Acquires Shares of 150,000 Globa Terra Acquisition Corp $GTERU

Picton Mahoney Asset Management acquired a new stake in Globa Terra Acquisition Corp (NASDAQ:GTERU) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 150,000 shares of the company’s stock, valued at approximately $1,526,000.

Separately, BCK Capital Management LP acquired a new stake in Globa Terra Acquisition in the 3rd quarter valued at $943,000.

Globa Terra Acquisition Trading Up 0.6%

Shares of NASDAQ:GTERU opened at $10.42 on Friday. The business’s fifty day moving average price is $10.34 and its two-hundred day moving average price is $10.28. Globa Terra Acquisition Corp has a fifty-two week low of $10.03 and a fifty-two week high of $11.04.

Global Terra Acquisition Corp. (NASDAQ:GTERU) is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company was incorporated in Delaware in 2021 and completed its initial public offering later that year, listing its units on the New York Stock Exchange under the symbol GTERU. As of its IPO, the company does not have any ongoing operating business other than identifying and evaluating potential target companies for a business combination.

To date, Global Terra Acquisition Corp.