Fir Tree Capital Management LP Makes New Investment in Frazier Lifesciences Acquisition Co. (NASDAQ:FLAC)

Fir Tree Capital Management LP purchased a new position in Frazier Lifesciences Acquisition Co. (NASDAQ:FLAC) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 200,000 shares of the company’s stock, valued at approximately $1,990,000.

A number of other large investors have also modified their holdings of FLAC. Cowen AND Company LLC purchased a new position in shares of Frazier Lifesciences Acquisition during the 1st quarter valued at approximately $243,000. Exos Asset Management LLC purchased a new position in shares of Frazier Lifesciences Acquisition during the 1st quarter worth $476,000. Toronto Dominion Bank purchased a new stake in shares of Frazier Lifesciences Acquisition in the 1st quarter valued at approximately $344,000. Atalaya Capital Management LP purchased a new position in shares of Frazier Lifesciences Acquisition during the 1st quarter worth approximately $100,000. Finally, DG Capital Management LLC purchased a new position in shares of Frazier Lifesciences Acquisition during the 1st quarter worth approximately $4,378,000. Institutional investors own 48.24% of the company’s stock.

Frazier Lifesciences Acquisition stock opened at $9.72 on Thursday. Frazier Lifesciences Acquisition Co. has a 52-week low of $9.56 and a 52-week high of $12.39. The business’s 50 day simple moving average is $9.79.

Frazier Lifesciences Acquisition Profile

Frazier Lifesciences Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities in the biotechnology sector. The company was incorporated in 2020 and is based in Seattle, Washington.

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Institutional Ownership by Quarter for Frazier Lifesciences Acquisition (NASDAQ:FLAC)

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