Castle Creek Arbitrage LLC Purchases New Shares in Thimble Point Acquisition Corp. (OTCMKTS:THMAU)

Castle Creek Arbitrage LLC purchased a new stake in Thimble Point Acquisition Corp. (OTCMKTS:THMAU) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 350,000 shares of the company’s stock, valued at approximately $3,491,000.

Other large investors also recently added to or reduced their stakes in the company. WASHINGTON TRUST Co bought a new stake in Thimble Point Acquisition in the first quarter valued at $30,000. Exos Asset Management LLC bought a new stake in Thimble Point Acquisition in the first quarter valued at $50,000. Captrust Financial Advisors bought a new stake in Thimble Point Acquisition in the first quarter valued at $57,000. Morgan Stanley bought a new stake in Thimble Point Acquisition in the first quarter valued at $92,000. Finally, Bank of Montreal Can bought a new stake in Thimble Point Acquisition in the first quarter valued at $100,000.

Thimble Point Acquisition stock remained flat at $$10.33 on Thursday. The company’s stock had a trading volume of 2,450 shares, compared to its average volume of 150,330. The business has a 50-day moving average of $10.14. Thimble Point Acquisition Corp. has a fifty-two week low of $9.76 and a fifty-two week high of $10.73.

Thimble Point Acquisition Profile

Thimble Point Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New Haven, Connecticut.

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Institutional Ownership by Quarter for Thimble Point Acquisition (OTCMKTS:THMAU)

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