Deltec Asset Management LLC Buys Shares of 100,000 Pensare Acquisition Corp. (WRLS)

Deltec Asset Management LLC acquired a new position in Pensare Acquisition Corp. (NASDAQ:WRLS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 100,000 shares of the technology company’s stock, valued at approximately $967,000.

Separately, Periscope Capital Inc. bought a new position in Pensare Acquisition Corp. in the 3rd quarter worth approximately $7,427,000. 2.69% of the stock is owned by institutional investors and hedge funds.

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Pensare Acquisition Corp. (NASDAQ:WRLS) remained flat at $$9.66 on Friday. The company had a trading volume of 100 shares, compared to its average volume of 96,142. Pensare Acquisition Corp. has a 1-year low of $9.60 and a 1-year high of $9.73. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of -7.00.

Pensare Acquisition Corp. Profile

Pensare Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The Company intends to initially focus on identifying a business in the wireless telecommunications industry in the United States.

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