Dakota Wealth Management Makes New Investment in IB Acquisition Corp. (NASDAQ:IBAC)

Dakota Wealth Management acquired a new position in shares of IB Acquisition Corp. (NASDAQ:IBAC) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 68,200 shares of the company’s stock, valued at approximately $682,000. Dakota Wealth Management owned approximately 0.50% of IB Acquisition at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. SkyView Investment Advisors LLC purchased a new stake in IB Acquisition during the 2nd quarter worth approximately $748,000. Highbridge Capital Management LLC purchased a new stake in IB Acquisition during the 2nd quarter worth approximately $1,995,000. Cowen AND Company LLC purchased a new stake in IB Acquisition during the 2nd quarter worth approximately $3,593,000. K2 Principal Fund L.P. purchased a new stake in IB Acquisition during the 2nd quarter worth approximately $1,496,000. Finally, CVI Holdings LLC purchased a new stake in IB Acquisition during the 2nd quarter worth approximately $2,494,000.

IB Acquisition Stock Down 0.1 %

IBAC stock opened at $10.04 on Monday. The firm has a 50 day moving average of $10.01. IB Acquisition Corp. has a 1 year low of $9.93 and a 1 year high of $10.26.

IB Acquisition Company Profile

IB Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. IB Acquisition Corp. is based in Boca Raton, Florida.