Wolverine Asset Management LLC raised its holdings in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE – Free Report) by 11.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 248,207 shares of the company’s stock after purchasing an additional 24,986 shares during the period. Wolverine Asset Management LLC’s holdings in Technology & Telecommunication Acquisition were worth $3,058,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. K2 Principal Fund L.P. bought a new stake in Technology & Telecommunication Acquisition during the third quarter valued at $1,522,000. Mizuho Securities USA LLC increased its stake in Technology & Telecommunication Acquisition by 64.2% during the third quarter. Mizuho Securities USA LLC now owns 255,659 shares of the company’s stock valued at $3,081,000 after purchasing an additional 99,936 shares during the last quarter. Finally, Berkley W R Corp bought a new stake in Technology & Telecommunication Acquisition during the third quarter valued at $3,395,000. Institutional investors own 45.39% of the company’s stock.
Technology & Telecommunication Acquisition Trading Up 2.4 %
TETE stock opened at $12.41 on Friday. Technology & Telecommunication Acquisition Co. has a 1-year low of $11.45 and a 1-year high of $14.45. The firm has a fifty day moving average price of $12.36 and a two-hundred day moving average price of $12.22.
Technology & Telecommunication Acquisition Profile
Technology & Telecommunication Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company was founded on November 8, 2021 and is headquartered in Kuala Lumpur, Malaysia.
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