Logan Stone Capital LLC Invests $176,000 in Valuence Merger Corp. I (NASDAQ:VMCA)

Logan Stone Capital LLC acquired a new position in shares of Valuence Merger Corp. I (NASDAQ:VMCA) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 15,422 shares of the company’s stock, valued at approximately $176,000. Logan Stone Capital LLC owned about 0.13% of Valuence Merger Corp. I at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Berkley W R Corp purchased a new stake in shares of Valuence Merger Corp. I during the 1st quarter worth $3,393,000. K2 Principal Fund L.P. acquired a new stake in Valuence Merger Corp. I during the 1st quarter worth $1,670,000. Virtu Financial LLC acquired a new stake in Valuence Merger Corp. I during the 1st quarter worth $357,000. Condor Capital Management acquired a new stake in Valuence Merger Corp. I during the 2nd quarter worth $171,000. Finally, Clear Street LLC acquired a new stake in Valuence Merger Corp. I during the 2nd quarter worth $170,000. 52.21% of the stock is owned by hedge funds and other institutional investors.

Valuence Merger Corp. I Stock Performance

Shares of NASDAQ:VMCA opened at $11.49 on Friday. The company’s fifty day moving average price is $11.50 and its 200 day moving average price is $11.45. Valuence Merger Corp. I has a 12 month low of $11.01 and a 12 month high of $11.69.

Valuence Merger Corp. I (NASDAQ:VMCA) last announced its quarterly earnings results on Wednesday, August 14th. The company reported $0.02 EPS for the quarter.

About Valuence Merger Corp. I

Valuence Merger Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in developing breakthrough technology in life sciences and/or advancing a platform for sustainable technology in Asia.