Wolverine Asset Management LLC Has $5.96 Million Position in Launch One Acquisition Corp. $LPAA

Wolverine Asset Management LLC decreased its stake in shares of Launch One Acquisition Corp. (NASDAQ:LPAA) by 15.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 572,310 shares of the company’s stock after selling 103,445 shares during the period. Wolverine Asset Management LLC’s holdings in Launch One Acquisition were worth $5,961,000 at the end of the most recent quarter.

Separately, Quarry LP bought a new stake in shares of Launch One Acquisition during the first quarter worth approximately $1,532,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Launch One Acquisition in a research report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Launch One Acquisition Trading Up 0.0%

Shares of LPAA opened at $10.54 on Friday. The stock has a 50-day moving average price of $10.50 and a 200-day moving average price of $10.42. Launch One Acquisition Corp. has a 12-month low of $9.97 and a 12-month high of $10.70.

About Launch One Acquisition

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.