Kryger Capital LLC purchased a new stake in LF Capital Acquisition Corp. II (OTCMKTS:LFACU – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 332,310 shares of the company’s stock, valued at approximately $3,340,000.
LF Capital Acquisition Corp. II Price Performance
Shares of LFACU stock opened at $10.14 on Friday. LF Capital Acquisition Corp. II has a 1-year low of $9.99 and a 1-year high of $10.49. The firm has a fifty day moving average of $10.10 and a two-hundred day moving average of $10.07.
LF Capital Acquisition Corp. II Company Profile
LF Capital Acquisition Corp. II is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of acquiring or merging with one or more operating businesses. The company’s units, which trade under the symbol LFACU on the OTC Markets, consist of common shares and warrants. Proceeds from the offering are held in a trust account until a qualifying business combination is announced and approved by shareholders.
The sponsorship and management team brings experience in corporate finance, private equity and strategic advisory to the SPAC structure.
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