749,900 Shares in Harvard Ave Acquistion Corp $HAVA Purchased by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. purchased a new position in Harvard Ave Acquistion Corp (NASDAQ:HAVA) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 749,900 shares of the company’s stock, valued at approximately $7,506,000.

Several other institutional investors and hedge funds have also bought and sold shares of HAVA. Aristeia Capital L.L.C. purchased a new position in shares of Harvard Ave Acquistion during the 4th quarter valued at about $5,462,000. Lineage Point Capital LP acquired a new stake in Harvard Ave Acquistion during the fourth quarter worth about $2,433,000. Context Capital Management LLC acquired a new stake in Harvard Ave Acquistion during the fourth quarter worth about $2,979,000. Radcliffe Capital Management L.P. purchased a new position in Harvard Ave Acquistion during the fourth quarter valued at approximately $5,462,000. Finally, Sona Asset Management US LLC purchased a new position in Harvard Ave Acquistion during the first quarter valued at approximately $4,106,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Harvard Ave Acquistion has an average rating of “Sell”.

Harvard Ave Acquistion Price Performance

Shares of Harvard Ave Acquistion stock opened at $10.15 on Monday. The stock has a 50-day moving average price of $10.11. Harvard Ave Acquistion Corp has a fifty-two week low of $9.87 and a fifty-two week high of $10.15.

Harvard Ave Acquistion Profile

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.