Shaolin Capital Management LLC Reduces Stock Position in Black Hawk Acquisition Co. (NASDAQ:BKHA)

Shaolin Capital Management LLC decreased its holdings in shares of Black Hawk Acquisition Co. (NASDAQ:BKHA) by 34.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 250,000 shares of the company’s stock after selling 132,068 shares during the quarter. Shaolin Capital Management LLC’s holdings in Black Hawk Acquisition were worth $2,560,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berkley W R Corp purchased a new stake in shares of Black Hawk Acquisition during the 3rd quarter worth approximately $4,486,000. Glazer Capital LLC acquired a new stake in Black Hawk Acquisition during the 2nd quarter worth $1,381,000. Walleye Capital LLC purchased a new stake in Black Hawk Acquisition in the third quarter valued at $1,309,000. Whitebox Advisors LLC acquired a new position in Black Hawk Acquisition in the second quarter valued at $1,268,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of Black Hawk Acquisition during the second quarter worth about $1,014,000.

Black Hawk Acquisition Price Performance

Shares of NASDAQ BKHA opened at $10.35 on Wednesday. Black Hawk Acquisition Co. has a 52-week low of $10.09 and a 52-week high of $10.46. The business has a 50-day moving average price of $10.32 and a 200 day moving average price of $10.22.

Black Hawk Acquisition Profile

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.