Sage Mountain Advisors LLC acquired a new position in Kismet Acquisition Two Corp. (OTCMKTS:KAIIU) in the first quarter, HoldingsChannel reports. The firm acquired 417,530 shares of the company’s stock, valued at approximately $4,151,000. Kismet Acquisition Two comprises about 0.9% of Sage Mountain Advisors LLC’s holdings, making the stock its 17th largest position.
Separately, Exos Asset Management LLC purchased a new stake in Kismet Acquisition Two in the 1st quarter worth approximately $78,000.
Shares of Kismet Acquisition Two stock remained flat at $$9.95 during midday trading on Friday. The company had a trading volume of 2,100 shares, compared to its average volume of 105,110. The firm has a 50 day moving average price of $9.96. Kismet Acquisition Two Corp. has a one year low of $9.74 and a one year high of $10.34.
About Kismet Acquisition Two
Kismet Acquisition Two Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Newark, Delaware.
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