GABELLI & Co INVESTMENT ADVISERS INC. Acquires Shares of 23,400 Black Hawk Acquisition Co. (NASDAQ:BKHA)

GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in Black Hawk Acquisition Co. (NASDAQ:BKHA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 23,400 shares of the company’s stock, valued at approximately $243,000. GABELLI & Co INVESTMENT ADVISERS INC. owned approximately 0.26% of Black Hawk Acquisition at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rivernorth Capital Management LLC lifted its position in Black Hawk Acquisition by 25.0% during the third quarter. Rivernorth Capital Management LLC now owns 314,985 shares of the company’s stock worth $3,225,000 after buying an additional 63,015 shares in the last quarter. Wolverine Asset Management LLC increased its stake in shares of Black Hawk Acquisition by 181.8% in the 4th quarter. Wolverine Asset Management LLC now owns 319,069 shares of the company’s stock worth $3,312,000 after acquiring an additional 205,826 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in shares of Black Hawk Acquisition by 14.2% during the 4th quarter. Mizuho Securities USA LLC now owns 688,075 shares of the company’s stock worth $7,108,000 after acquiring an additional 85,635 shares during the period.

Black Hawk Acquisition Price Performance

Shares of BKHA stock opened at $10.52 on Wednesday. Black Hawk Acquisition Co. has a twelve month low of $10.09 and a twelve month high of $10.57. The company’s 50-day moving average price is $10.50 and its 200-day moving average price is $10.40.

About Black Hawk Acquisition

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.