Mint Tower Capital Management B.V. Buys Shares of 250,000 Crane Harbor Acquisition Corp. II $CRANU

Mint Tower Capital Management B.V. bought a new stake in shares of Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 250,000 shares of the company’s stock, valued at approximately $2,518,000.

Several other large investors have also recently bought and sold shares of CRANU. ABC Arbitrage SA acquired a new position in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $403,000. Deltec Asset Management LLC acquired a new position in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $504,000. Wolverine Asset Management LLC acquired a new position in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $1,218,000. Gabelli Funds LLC acquired a new position in Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $1,781,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Crane Harbor Acquisition Corp. II during the 4th quarter valued at $1,897,000.

Crane Harbor Acquisition Corp. II Stock Performance

Shares of CRANU stock opened at $10.25 on Friday. Crane Harbor Acquisition Corp. II has a 1 year low of $10.04 and a 1 year high of $11.23. The firm’s fifty day moving average price is $10.19.

Crane Harbor Acquisition Corp. II Company Profile

Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.

The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.