Decagon Asset Management LLP Invests $4.87 Million in Andretti Acquisition Corp. II (NASDAQ:POLE)

Decagon Asset Management LLP bought a new position in Andretti Acquisition Corp. II (NASDAQ:POLE) during the fourth quarter, Holdings Channel.com reports. The firm bought 487,475 shares of the company’s stock, valued at approximately $4,872,000. Andretti Acquisition Corp. II makes up about 1.8% of Decagon Asset Management LLP’s portfolio, making the stock its 20th biggest holding.

Several other institutional investors have also bought and sold shares of the company. Wealthspring Capital LLC purchased a new position in Andretti Acquisition Corp. II in the fourth quarter valued at approximately $154,000. Levin Capital Strategies L.P. purchased a new stake in shares of Andretti Acquisition Corp. II during the fourth quarter worth $425,000. Wolverine Asset Management LLC purchased a new stake in shares of Andretti Acquisition Corp. II during the fourth quarter worth $1,964,000. Schechter Investment Advisors LLC purchased a new stake in shares of Andretti Acquisition Corp. II during the fourth quarter worth $3,755,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of Andretti Acquisition Corp. II during the fourth quarter worth $10,995,000.

Andretti Acquisition Corp. II Stock Performance

NASDAQ:POLE opened at $10.11 on Wednesday. The stock’s fifty day moving average is $10.06. Andretti Acquisition Corp. II has a 1 year low of $9.94 and a 1 year high of $11.16.

About Andretti Acquisition Corp. II

Andretti Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.