563,577 Shares in Spring Valley Acquisition Corp III $SVACU Purchased by Harraden Circle Investments LLC

by · The Markets Daily

Harraden Circle Investments LLC acquired a new position in Spring Valley Acquisition Corp III (NASDAQ:SVACU – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 563,577 shares of the company’s stock, valued at approximately $5,782,000.

Spring Valley Acquisition Corp III Stock Performance

SVACU stock opened at $10.00 on Friday. Spring Valley Acquisition Corp III has a fifty-two week low of $9.56 and a fifty-two week high of $13.50. The business’s 50 day moving average price is $10.18 and its two-hundred day moving average price is $10.64.

Spring Valley Acquisition Corp III Profile

(Free Report)

Spring Valley Acquisition Corp III (NASDAQ: SVACU) is a special purpose acquisition company (SPAC) that raised capital in the public markets with the principal objective of effecting a business combination with one or more operating businesses. As a blank‑check vehicle, the company typically issues units in its initial public offering that separate into common shares and warrants once trading begins, providing investors with structured exposure to a potential merger target prior to a definitive transaction.

Like other SPACs, Spring Valley Acquisition Corp III holds the proceeds of its offering in a trust account pending the identification and completion of a qualifying business combination.

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