Analysis of Wolverine Asset Management's Recent Stake Reduction in AlphaTime Acquisition Corp
On September 30, 2024, Wolverine Asset Management LLC executed a significant transaction involving the shares of AlphaTime Acquisition Corp (NASDAQ:ATMC). This move, priced at $11.20 per share, reflects a strategic adjustment in Wolverine's investment portfolio, with the current position of ATMC now representing a modest 0.1% of the firm's total holdings. Wolverine Asset Management LLC, based in Chicago, Illinois, is a prominent investment entity known for its diverse investment strategies.