Wolverine Asset Management LLC Boosts Stock Holdings in Trailblazer Merger Co. I (NASDAQ:TBMC)

Wolverine Asset Management LLC raised its stake in Trailblazer Merger Co. I (NASDAQ:TBMC) by 32,752.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,408 shares of the company’s stock after purchasing an additional 131,008 shares during the period. Wolverine Asset Management LLC owned about 2.92% of Trailblazer Merger Co. I worth $1,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Quarry LP lifted its stake in Trailblazer Merger Co. I by 51.1% in the third quarter. Quarry LP now owns 8,011 shares of the company’s stock worth $88,000 after acquiring an additional 2,710 shares during the last quarter. 77.13% of the stock is currently owned by hedge funds and other institutional investors.

Trailblazer Merger Co. I Price Performance

Shares of NASDAQ:TBMC opened at $11.20 on Friday. Trailblazer Merger Co. I has a 52 week low of $10.52 and a 52 week high of $11.60. The company’s 50 day moving average is $11.13 and its two-hundred day moving average is $11.04.

Trailblazer Merger Co. I Profile

Trailblazer Merger Corp. I is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization or other similar business combination. The company was founded on November 12, 2021 and is headquartered in New York, NY.