Css LLC Il bought a new position in TPB Acquisition Co. I (NASDAQ:TPBA – Get Rating) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 151,897 shares of the company’s stock, valued at approximately $1,489,000. Css LLC Il owned approximately 0.66% of TPB Acquisition Co. I as of its most recent filing with the Securities & Exchange Commission.
Separately, HBK Investments L P purchased a new stake in TPB Acquisition Co. I during the fourth quarter valued at about $7,840,000. 60.78% of the stock is owned by hedge funds and other institutional investors.
NASDAQ TPBA opened at $9.71 on Friday. The company’s 50-day simple moving average is $9.71. TPB Acquisition Co. I has a 12-month low of $9.53 and a 12-month high of $15.52.
TPB Acquisition Corporation I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities across the food, agriculture, biomanufacturing, and life sciences sectors.
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