Wolverine Asset Management LLC Invests $918,000 in Spark I Acquisition Co. (NASDAQ:SPKLU)

Wolverine Asset Management LLC acquired a new stake in Spark I Acquisition Co. (NASDAQ:SPKLU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 90,000 shares of the company’s stock, valued at approximately $918,000.

Other hedge funds have also recently modified their holdings of the company. Schechter Investment Advisors LLC purchased a new position in Spark I Acquisition during the fourth quarter worth about $2,982,000. Calamos Advisors LLC acquired a new stake in shares of Spark I Acquisition during the fourth quarter worth about $252,000. Finally, Tuttle Capital Management LLC acquired a new stake in shares of Spark I Acquisition during the fourth quarter worth about $153,000.

Spark I Acquisition Price Performance

Shares of SPKLU opened at $10.38 on Friday. Spark I Acquisition Co. has a 1 year low of $10.08 and a 1 year high of $12.30. The company’s 50-day simple moving average is $10.57 and its 200-day simple moving average is $10.32.

Spark I Acquisition Company Profile

Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.