Hound Partners LLC Makes New $1.48 Million Investment in Kismet Acquisition Three Corp. (OTCMKTS:KIIIU)

Hound Partners LLC acquired a new position in shares of Kismet Acquisition Three Corp. (OTCMKTS:KIIIU) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 150,000 shares of the company’s stock, valued at approximately $1,482,000.

A number of other institutional investors have also recently made changes to their positions in KIIIU. PenderFund Capital Management Ltd. acquired a new stake in Kismet Acquisition Three during the first quarter worth about $62,000. MHR Fund Management LLC bought a new position in shares of Kismet Acquisition Three in the first quarter worth about $99,000. Morgan Stanley bought a new position in shares of Kismet Acquisition Three in the first quarter worth about $99,000. Condor Capital Management bought a new position in shares of Kismet Acquisition Three in the first quarter worth about $105,000. Finally, Alpine Global Management LLC bought a new position in shares of Kismet Acquisition Three in the first quarter worth about $143,000.

Shares of KIIIU stock traded down $0.08 on Thursday, reaching $9.92. The company had a trading volume of 28,874 shares, compared to its average volume of 108,659. Kismet Acquisition Three Corp. has a one year low of $9.74 and a one year high of $10.23. The firm has a 50-day simple moving average of $9.96.

Kismet Acquisition Three Company Profile

Kismet Acquisition Three 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.

Read More: What is included in the gross domestic product?

Want to see what other hedge funds are holding KIIIU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kismet Acquisition Three Corp. (OTCMKTS:KIIIU).

Institutional Ownership by Quarter for Kismet Acquisition Three (OTCMKTS:KIIIU)

Receive News & Ratings for Kismet Acquisition Three Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kismet Acquisition Three and related companies with MarketBeat.com's FREE daily email newsletter.