Melar Acquisition Corp. I (NASDAQ:MACI) Shares Sold by Robinson Capital Management LLC

Robinson Capital Management LLC lessened its holdings in shares of Melar Acquisition Corp. I (NASDAQ:MACI) by 35.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,419 shares of the company’s stock after selling 7,483 shares during the period. Robinson Capital Management LLC owned approximately 0.07% of Melar Acquisition Corp. I worth $135,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Polar Asset Management Partners Inc. purchased a new stake in Melar Acquisition Corp. I in the third quarter valued at about $14,843,000. Glazer Capital LLC acquired a new position in shares of Melar Acquisition Corp. I during the third quarter valued at about $3,748,000. Rivernorth Capital Management LLC purchased a new position in shares of Melar Acquisition Corp. I in the 3rd quarter valued at approximately $2,998,000. Periscope Capital Inc. acquired a new stake in Melar Acquisition Corp. I in the 3rd quarter worth approximately $2,497,000. Finally, Berkley W R Corp purchased a new stake in Melar Acquisition Corp. I during the 3rd quarter worth approximately $1,991,000.

Melar Acquisition Corp. I Price Performance

NASDAQ MACI opened at $10.16 on Tuesday. Melar Acquisition Corp. I has a 12-month low of $9.95 and a 12-month high of $10.20. The business has a fifty day moving average of $10.11.

About Melar Acquisition Corp. I

Melar Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Melar Acquisition Corp. I is based in NEW YORK.