Shaolin Capital Management LLC bought a new position in shares of American Acquisition Opportunity Inc. (NASDAQ:AMAO) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 750,000 shares of the company’s stock, valued at approximately $7,457,000. Shaolin Capital Management LLC owned 5.56% of American Acquisition Opportunity at the end of the most recent quarter.
Separately, Landscape Capital Management L.L.C. purchased a new stake in shares of American Acquisition Opportunity during the second quarter worth about $336,000. Institutional investors own 63.77% of the company’s stock.
AMAO stock traded up $0.06 during trading on Thursday, reaching $10.02. The company had a trading volume of 150 shares, compared to its average volume of 114. American Acquisition Opportunity Inc. has a 52 week low of $9.84 and a 52 week high of $10.25. The business’s 50 day moving average price is $9.97.
American Acquisition Opportunity Inc intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more target businesses. It intends to focus on companies in the land holdings and resources industry in the United States.
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