Harraden Circle Investments LLC Has $13.08 Million Holdings in Crane Harbor Acquisition Corp. II $CRANU

Harraden Circle Investments LLC increased its position in shares of Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) by 27.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,276,320 shares of the company’s stock after buying an additional 276,320 shares during the period. Harraden Circle Investments LLC’s holdings in Crane Harbor Acquisition Corp. II were worth $13,082,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of CRANU. PenderFund Capital Management Ltd. acquired a new stake in Crane Harbor Acquisition Corp. II during the 4th quarter worth about $50,000. Virtu Financial LLC acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $198,000. Quarry LP acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $201,000. Sandia Investment Management LP bought a new stake in shares of Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $201,000. Finally, HRT Financial LP bought a new stake in shares of Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $294,000.

Crane Harbor Acquisition Corp. II Trading Down 0.2%

Shares of CRANU stock opened at $10.33 on Friday. The stock has a 50 day simple moving average of $10.35 and a two-hundred day simple moving average of $10.23. Crane Harbor Acquisition Corp. II has a fifty-two week low of $10.04 and a fifty-two week high of $11.23.

Crane Harbor Acquisition Corp. II Profile

Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.

The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.