Whitebox Advisors LLC Takes $7.51 Million Position in Harvard Ave Acquistion Corp $HAVA

Whitebox Advisors LLC acquired a new position in Harvard Ave Acquistion Corp (NASDAQ:HAVA) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 750,000 shares of the company’s stock, valued at approximately $7,508,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Toronto Dominion Bank purchased a new stake in Harvard Ave Acquistion during the 4th quarter valued at about $80,000. Boothbay Fund Management LLC purchased a new position in Harvard Ave Acquistion in the 4th quarter worth approximately $487,000. Berkley W R Corp bought a new stake in Harvard Ave Acquistion in the fourth quarter valued at approximately $665,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of Harvard Ave Acquistion during the fourth quarter valued at approximately $1,490,000. Finally, Westchester Capital Management LLC bought a new position in shares of Harvard Ave Acquistion in the fourth quarter worth approximately $1,972,000.

Harvard Ave Acquistion Stock Performance

NASDAQ:HAVA opened at $10.15 on Monday. The firm has a fifty day moving average of $10.11. Harvard Ave Acquistion Corp has a twelve month low of $9.87 and a twelve month high of $10.15.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Harvard Ave Acquistion has a consensus rating of “Sell”.

About Harvard Ave Acquistion

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.