Tuscan Holdings Corp. (OTCMKTS:THCBU) Shares Sold by Shaolin Capital Management LLC
Shaolin Capital Management LLC decreased its holdings in shares of Tuscan Holdings Corp. (OTCMKTS:THCBU) by 16.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 500,000 shares of the company’s stock after selling 100,000 shares during the quarter. Shaolin Capital Management LLC’s holdings in Tuscan were worth $5,300,000 as of its most recent SEC filing.
Separately, Mint Tower Capital Management B.V. acquired a new stake in shares of Tuscan during the first quarter worth $6,257,000.
Tuscan stock remained flat at $$10.70 during midday trading on Friday. The company had a trading volume of 237 shares, compared to its average volume of 71,429. Tuscan Holdings Corp. has a 52-week low of $10.08 and a 52-week high of $11.72. The company has a fifty day moving average of $10.72.
Tuscan Holdings Corp. intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with businesses and entities. The company was founded in 2018 and is based in New York, New York.
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