Wolverine Asset Management LLC Sells 51,718 Shares of APx Acquisition Corp. I (NASDAQ:APXI)

Wolverine Asset Management LLC lessened its stake in shares of APx Acquisition Corp. I (NASDAQ:APXI) by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 489,187 shares of the company’s stock after selling 51,718 shares during the quarter. Wolverine Asset Management LLC owned about 4.50% of APx Acquisition Corp. I worth $5,469,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in APXI. Periscope Capital Inc. lifted its position in APx Acquisition Corp. I by 4.0% in the 3rd quarter. Periscope Capital Inc. now owns 300,000 shares of the company’s stock valued at $3,291,000 after acquiring an additional 11,586 shares in the last quarter. Mizuho Securities USA LLC lifted its position in shares of APx Acquisition Corp. I by 2.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 459,000 shares of the company’s stock worth $4,980,000 after buying an additional 8,998 shares in the last quarter. Finally, Radcliffe Capital Management L.P. lifted its position in shares of APx Acquisition Corp. I by 0.7% during the 3rd quarter. Radcliffe Capital Management L.P. now owns 284,071 shares of the company’s stock worth $3,116,000 after buying an additional 2,005 shares in the last quarter. Institutional investors own 51.82% of the company’s stock.

APx Acquisition Corp. I Price Performance

Shares of APx Acquisition Corp. I stock traded up $0.02 during mid-day trading on Tuesday, hitting $11.47. 1,020 shares of the stock were exchanged, compared to its average volume of 28,253. APx Acquisition Corp. I has a 12 month low of $9.86 and a 12 month high of $11.47. The company has a 50-day simple moving average of $11.38 and a 200 day simple moving average of $11.22.

APx Acquisition Corp. I Profile

APx Acquisition Corp. I. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. APx Acquisition Corp. I. was incorporated in 2021 and is based in Mexico City, Mexico.