Context Capital Management LLC Has $5.05 Million Holdings in Globa Terra Acquisition Corp $GTERA

Context Capital Management LLC decreased its position in shares of Globa Terra Acquisition Corp (NASDAQ:GTERA) by 28.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 500,000 shares of the company’s stock after selling 200,000 shares during the quarter. Context Capital Management LLC’s holdings in Globa Terra Acquisition were worth $5,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Berkley W R Corp increased its stake in Globa Terra Acquisition by 23.6% during the 4th quarter. Berkley W R Corp now owns 886,763 shares of the company’s stock valued at $8,956,000 after purchasing an additional 169,237 shares in the last quarter. Picton Mahoney Asset Management bought a new position in shares of Globa Terra Acquisition in the fourth quarter valued at $1,515,000. L1 Global Manager Pty Ltd acquired a new position in shares of Globa Terra Acquisition during the fourth quarter valued at about $1,010,000. Bulldog Investors LLP acquired a new position in shares of Globa Terra Acquisition during the fourth quarter valued at about $221,000. Finally, Wolverine Asset Management LLC increased its position in shares of Globa Terra Acquisition by 1.1% during the fourth quarter. Wolverine Asset Management LLC now owns 1,162,340 shares of the company’s stock worth $11,740,000 after acquiring an additional 12,856 shares in the last quarter.

Globa Terra Acquisition Stock Performance

GTERA opened at $10.30 on Friday. Globa Terra Acquisition Corp has a fifty-two week low of $9.93 and a fifty-two week high of $10.31. The stock has a 50-day simple moving average of $10.26.

Globa Terra Acquisition (NASDAQ:GTERA) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.08 earnings per share for the quarter.

Globa Terra Acquisition (NASDAQ: GTERA) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to effect mergers, share exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations. Its primary corporate purpose is to raise capital in an initial public offering and to identify and complete a business combination that will result in a private operating company becoming publicly traded.

As a SPAC, Globa Terra Acquisition does not operate a traditional, revenue‑generating business prior to completion of its business combination.