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

Wealthspring Capital LLC lowered its stake in shares of Melar Acquisition Corp. I (NASDAQ:MACI) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 182,900 shares of the company’s stock after selling 1,914 shares during the quarter. Melar Acquisition Corp. I comprises approximately 3.0% of Wealthspring Capital LLC’s investment portfolio, making the stock its 11th largest holding. Wealthspring Capital LLC owned about 0.90% of Melar Acquisition Corp. I worth $1,844,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MACI. Tidal Investments LLC acquired a new position in shares of Melar Acquisition Corp. I during the third quarter valued at about $209,000. Dakota Wealth Management acquired a new position in shares of Melar Acquisition Corp. I during the third quarter valued at about $390,000. Deltec Asset Management LLC acquired a new position in Melar Acquisition Corp. I in the 3rd quarter worth approximately $1,000,000. Wolverine Asset Management LLC acquired a new position in Melar Acquisition Corp. I in the 3rd quarter worth approximately $1,034,000. Finally, ATW Spac Management LLC acquired a new position in Melar Acquisition Corp. I in the 3rd quarter worth approximately $1,059,000.

Melar Acquisition Corp. I Stock Performance

Shares of NASDAQ:MACI opened at $10.19 on Wednesday. Melar Acquisition Corp. I has a twelve month low of $9.95 and a twelve month high of $10.22. The stock has a 50 day simple moving average of $10.12.

Melar Acquisition Corp. I Company Profile

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.