Radcliffe Capital Management L.P. Increases Holdings in Axiom Intelligence Acquisition Corp 1 $AXIN

Radcliffe Capital Management L.P. grew its stake in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) by 16.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 549,758 shares of the company’s stock after purchasing an additional 77,571 shares during the period. Radcliffe Capital Management L.P.’s holdings in Axiom Intelligence Acquisition Corp 1 were worth $5,531,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AXIN. ABC Arbitrage SA purchased a new position in shares of Axiom Intelligence Acquisition Corp 1 during the fourth quarter valued at approximately $352,000. Wealthspring Capital LLC boosted its stake in shares of Axiom Intelligence Acquisition Corp 1 by 0.4% during the fourth quarter. Wealthspring Capital LLC now owns 305,850 shares of the company’s stock valued at $3,077,000 after purchasing an additional 1,350 shares during the period. Periscope Capital Inc. grew its holdings in shares of Axiom Intelligence Acquisition Corp 1 by 3.0% in the fourth quarter. Periscope Capital Inc. now owns 386,200 shares of the company’s stock worth $3,885,000 after purchasing an additional 11,200 shares during the last quarter. Alberta Investment Management Corp bought a new position in shares of Axiom Intelligence Acquisition Corp 1 in the fourth quarter worth about $5,035,000. Finally, Westchester Capital Management LLC increased its stake in Axiom Intelligence Acquisition Corp 1 by 35.0% in the 4th quarter. Westchester Capital Management LLC now owns 675,000 shares of the company’s stock worth $6,797,000 after buying an additional 175,000 shares during the period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Axiom Intelligence Acquisition Corp 1 from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Axiom Intelligence Acquisition Corp 1 currently has a consensus rating of “Sell”.

Axiom Intelligence Acquisition Corp 1 Price Performance

Shares of AXIN stock opened at $10.37 on Wednesday. Axiom Intelligence Acquisition Corp 1 has a twelve month low of $9.93 and a twelve month high of $10.45. The stock has a fifty day moving average price of $10.25.

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

About Axiom Intelligence Acquisition Corp 1

Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXIN) is a special purpose acquisition company (SPAC) listed on the NASDAQ. As a blank‑check company, its primary purpose is to raise capital through a public offering and to identify, negotiate and complete a business combination or similar transaction with one or more operating businesses. The company itself does not conduct traditional operating activities prior to a completed business combination.

Typical activities for a SPAC like Axiom Intelligence Acquisition Corp 1 include sourcing potential acquisition targets, performing due diligence, structuring a merger or acquisition, and providing a vehicle through which private companies can access public markets.