Lineage Point Capital LP Takes Position in Harvard Ave Acquistion Corp $HAVA

Lineage Point Capital LP acquired a new stake in shares of Harvard Ave Acquistion Corp (NASDAQ:HAVA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 245,000 shares of the company’s stock, valued at approximately $2,433,000. Lineage Point Capital LP owned approximately 1.18% of Harvard Ave Acquistion at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of HAVA. Aristeia Capital L.L.C. bought a new position in Harvard Ave Acquistion during the fourth quarter valued at approximately $5,462,000. Context Capital Management LLC bought a new stake in shares of Harvard Ave Acquistion in the 4th quarter worth approximately $2,979,000. Radcliffe Capital Management L.P. bought a new stake in shares of Harvard Ave Acquistion in the 4th quarter worth approximately $5,462,000. Clear Street Group Inc. purchased a new stake in shares of Harvard Ave Acquistion in the 4th quarter valued at $2,278,000. Finally, Hudson Bay Capital Management LP purchased a new stake in shares of Harvard Ave Acquistion in the 4th quarter valued at $7,462,000.

Harvard Ave Acquistion Stock Performance

HAVA opened at $10.10 on Friday. The stock’s 50 day moving average is $10.07. Harvard Ave Acquistion Corp has a 1 year low of $9.87 and a 1 year high of $10.11.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Harvard Ave Acquistion Company Profile

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.