K2 Principal Fund L.P. Makes New Investment in ClimateRock (NASDAQ:CLRC)

K2 Principal Fund L.P. purchased a new stake in shares of ClimateRock (NASDAQ:CLRC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 61,100 shares of the company’s stock, valued at approximately $699,000. K2 Principal Fund L.P. owned approximately 1.34% of ClimateRock as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CLRC. Glazer Capital LLC purchased a new position in shares of ClimateRock in the second quarter worth $150,000. Berkley W R Corp boosted its position in ClimateRock by 13.3% in the 2nd quarter. Berkley W R Corp now owns 310,754 shares of the company’s stock valued at $3,580,000 after buying an additional 36,444 shares during the period. Cowen AND Company LLC increased its holdings in ClimateRock by 504.8% during the 2nd quarter. Cowen AND Company LLC now owns 147,561 shares of the company’s stock worth $1,695,000 after purchasing an additional 123,161 shares during the period. Finally, Virtu Financial LLC bought a new position in ClimateRock in the first quarter worth approximately $287,000. 55.48% of the stock is currently owned by institutional investors.

ClimateRock Price Performance

Shares of CLRC stock opened at $11.55 on Tuesday. The stock’s 50-day moving average is $11.55 and its 200 day moving average is $11.45. ClimateRock has a 1-year low of $10.80 and a 1-year high of $12.35.

ClimateRock Profile

ClimateRock focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue an initial business combination within climate change, environment, renewable energy and emerging, and clean technologies.