Gabelli Funds LLC bought a new position in shares of I-AM Capital Acquisition Company (NASDAQ:IAMXU) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $205,000.
Separately, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of I-AM Capital Acquisition during the 3rd quarter worth approximately $2,050,000.
In other news, CEO F Jacob Cherian acquired 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The stock was purchased at an average cost of $10.00 per share, with a total value of $70,000.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link.
About I-AM Capital Acquisition
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