Periscope Capital Inc. Sells 101,000 Shares of KBL Merger Corp. IV (KBLMU)

Periscope Capital Inc. cut its stake in shares of KBL Merger Corp. IV (NASDAQ:KBLMU) by 33.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 202,000 shares of the company’s stock after selling 101,000 shares during the period. Periscope Capital Inc.’s holdings in KBL Merger Corp. IV were worth $2,060,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Citadel Advisors LLC purchased a new stake in shares of KBL Merger Corp. IV during the 2nd quarter valued at about $198,000. B. Riley Financial Inc. bought a new position in shares of KBL Merger Corp. IV during the second quarter valued at approximately $408,000. OxFORD Asset Management LLP bought a new position in shares of KBL Merger Corp. IV during the second quarter valued at approximately $5,100,000. Gluskin Sheff & Assoc Inc. bought a new position in shares of KBL Merger Corp. IV during the second quarter valued at approximately $5,100,000. Finally, CNH Partners LLC bought a new position in shares of KBL Merger Corp. IV during the second quarter valued at approximately $10,200,000.

Shares of KBL Merger Corp. IV (NASDAQ:KBLMU) traded up $0.02 on Friday, reaching $10.13. 200 shares of the company’s stock traded hands, compared to its average volume of 57,989. KBL Merger Corp. IV has a 52 week low of $9.10 and a 52 week high of $10.30.

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About KBL Merger Corp. IV

KBL Merger Corp. IV is a blank check company. The Company is formed for the purpose of effecting merger, capital stock exchange, stock purchase, asset acquisition or other similar business combination with one or more operating businesses. The Company intends to focus on acquiring an operating company in the healthcare and related wellness industry.

Institutional Ownership by Quarter for KBL Merger Corp. IV (NASDAQ:KBLMU)

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