Logan Stone Capital LLC Makes New Investment in APx Acquisition Corp. I (NASDAQ:APXI)

Logan Stone Capital LLC bought a new position in shares of APx Acquisition Corp. I (NASDAQ:APXI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 251,939 shares of the company’s stock, valued at approximately $2,925,000.

Other hedge funds have also recently made changes to their positions in the company. Berkley W R Corp grew its position in APx Acquisition Corp. I by 17.0% during the 4th quarter. Berkley W R Corp now owns 277,153 shares of the company’s stock worth $3,099,000 after purchasing an additional 40,339 shares during the last quarter. Flow State Investments L.P. acquired a new position in APx Acquisition Corp. I in the 4th quarter worth approximately $518,000. Cantor Fitzgerald L. P. purchased a new stake in shares of APx Acquisition Corp. I in the 4th quarter valued at $1,519,000. K2 Principal Fund L.P. acquired a new position in shares of APx Acquisition Corp. I in the 4th quarter valued at about $253,000. Finally, Clear Street LLC acquired a new position in APx Acquisition Corp. I in the second quarter valued at approximately $78,000. 51.82% of the stock is currently owned by hedge funds and other institutional investors.

APx Acquisition Corp. I Stock Performance

Shares of APx Acquisition Corp. I stock opened at $11.64 on Friday. The firm has a 50-day simple moving average of $11.64 and a two-hundred day simple moving average of $11.55. APx Acquisition Corp. I has a fifty-two week low of $10.92 and a fifty-two week high of $11.70.

About APx Acquisition Corp. I

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.