K2 Principal Fund L.P. Takes $1.15 Million Position in TLGY Acquisition Co. (NASDAQ:TLGY)

K2 Principal Fund L.P. purchased a new position in shares of TLGY Acquisition Co. (NASDAQ:TLGY) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 100,265 shares of the company’s stock, valued at approximately $1,146,000. K2 Principal Fund L.P. owned 1.06% of TLGY Acquisition as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of TLGY. Clear Street LLC acquired a new stake in shares of TLGY Acquisition during the 2nd quarter worth about $62,000. Cohanzick Management LLC bought a new stake in TLGY Acquisition during the fourth quarter worth about $555,000. Crystalline Management Inc. acquired a new stake in TLGY Acquisition during the fourth quarter worth about $1,666,000. Finally, Berkley W R Corp increased its holdings in TLGY Acquisition by 9.6% in the 4th quarter. Berkley W R Corp now owns 280,470 shares of the company’s stock valued at $3,119,000 after buying an additional 24,635 shares during the period. Institutional investors and hedge funds own 45.08% of the company’s stock.

TLGY Acquisition Price Performance

Shares of TLGY Acquisition stock opened at $11.51 on Tuesday. The company has a 50 day moving average of $11.49 and a 200-day moving average of $11.42. TLGY Acquisition Co. has a 1-year low of $10.95 and a 1-year high of $11.54.

TLGY Acquisition Company Profile

TLGY Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to acquire companies in the biopharma or technology enabled business-to-consumer industries worldwide.