Context Capital Management LLC acquired a new stake in shares of IB Acquisition Corp. (NASDAQ:IBAC – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 200,000 shares of the company’s stock, valued at approximately $1,994,000.
Separately, Condor Capital Management acquired a new stake in IB Acquisition during the 2nd quarter valued at approximately $422,000.
IB Acquisition Price Performance
Shares of NASDAQ IBAC opened at $9.98 on Wednesday. IB Acquisition Corp. has a 12 month low of $9.93 and a 12 month high of $10.12. The company’s 50 day simple moving average is $10.00.
About IB Acquisition
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.
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