Tidal Investments LLC Purchases Shares of 20,902 Melar Acquisition Corp. I (NASDAQ:MACI)

Tidal Investments LLC acquired a new position in shares of Melar Acquisition Corp. I (NASDAQ:MACI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 20,902 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors have also made changes to their positions in MACI. Dakota Wealth Management acquired a new position in Melar Acquisition Corp. I in the third quarter worth about $390,000. Deltec Asset Management LLC bought a new stake in shares of Melar Acquisition Corp. I in the 3rd quarter valued at approximately $1,000,000. Wolverine Asset Management LLC acquired a new position in shares of Melar Acquisition Corp. I in the 3rd quarter worth approximately $1,034,000. ATW Spac Management LLC bought a new position in shares of Melar Acquisition Corp. I during the 3rd quarter worth approximately $1,059,000. Finally, Virtu Financial LLC acquired a new stake in Melar Acquisition Corp. I in the 3rd quarter valued at $1,227,000.

Melar Acquisition Corp. I Stock Performance

Shares of NASDAQ:MACI opened at $10.06 on Thursday. The company has a fifty day moving average of $10.04. Melar Acquisition Corp. I has a fifty-two week low of $9.95 and a fifty-two week high of $10.18.

Melar Acquisition Corp. I Company Profile

Melar Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Melar Acquisition Corp. I is based in NEW YORK.