Sculptor Capital LP Takes Position in Crane Harbor Acquisition Corp. II $CRANU

Sculptor Capital LP acquired a new stake in Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 500,000 shares of the company’s stock, valued at approximately $5,035,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Gabelli Funds LLC acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $1,781,000. Context Capital Management LLC acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $4,532,000. Periscope Capital Inc. acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $7,804,000. Highbridge Capital Management LLC acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $12,078,000. Finally, L1 Global Manager Pty Ltd acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $755,000.

Crane Harbor Acquisition Corp. II Stock Up 0.3%

NASDAQ CRANU opened at $10.31 on Tuesday. Crane Harbor Acquisition Corp. II has a twelve month low of $10.04 and a twelve month high of $11.23. The business has a 50-day simple moving average of $10.20.

Crane Harbor Acquisition Corp. II Profile

Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank?check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.

The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.