Moore Capital Management LP Makes New Investment in FACT II Acquisition Corp. Unit (NASDAQ:FACTU)

Moore Capital Management LP bought a new position in FACT II Acquisition Corp. Unit (NASDAQ:FACTU) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 100,000 shares of the company’s stock, valued at approximately $998,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. TrueMark Investments LLC purchased a new position in FACT II Acquisition Corp. Unit in the fourth quarter worth about $100,000. K2 Principal Fund L.P. purchased a new position in FACT II Acquisition Corp. Unit in the fourth quarter worth about $297,000. Heights Capital Management Inc. purchased a new position in FACT II Acquisition Corp. Unit in the fourth quarter worth about $599,000. Schonfeld Strategic Advisors LLC purchased a new position in FACT II Acquisition Corp. Unit in the fourth quarter worth about $830,000. Finally, Quarry LP purchased a new position in FACT II Acquisition Corp. Unit in the fourth quarter worth about $1,248,000.

FACT II Acquisition Corp. Unit Stock Performance

FACTU stock opened at $10.17 on Wednesday. FACT II Acquisition Corp. Unit has a twelve month low of $9.93 and a twelve month high of $10.92. The company’s 50-day moving average is $10.19.

FACT II Acquisition Corp. Unit Company Profile

We are a blank check company, incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.