Periscope Capital Inc. Has $4.08 Million Stock Holdings in D. Boral ARC Acquisition I Corp. $BCAR

Periscope Capital Inc. decreased its holdings in shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) by 18.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 406,300 shares of the company’s stock after selling 93,700 shares during the quarter. Periscope Capital Inc.’s holdings in D. Boral ARC Acquisition I were worth $4,075,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BCAR. Wolverine Asset Management LLC increased its position in D. Boral ARC Acquisition I by 33.5% during the 4th quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock worth $11,383,000 after buying an additional 284,863 shares during the period. HighTower Advisors LLC bought a new position in D. Boral ARC Acquisition I during the 4th quarter worth $1,694,000. Finally, ABC Arbitrage SA bought a new position in D. Boral ARC Acquisition I during the 4th quarter worth $351,000. Institutional investors own 4.33% of the company’s stock.

D. Boral ARC Acquisition I Trading Up 2.4%

BCAR stock opened at $10.97 on Friday. The stock’s fifty day moving average price is $10.35. D. Boral ARC Acquisition I Corp. has a fifty-two week low of $9.88 and a fifty-two week high of $11.09.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.07 earnings per share for the quarter.

About D. Boral ARC Acquisition I

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.