New Providence Acquisition Corp IINPAB
Market Cap: $85.3M
About: New Providence Acquisition Corp II is a blank check company formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
44.86% less ownership
Funds ownership: 62.59% [Q1] → 17.73% (-44.86%) [Q2]
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
75% less funds holding
Funds holding: 16 [Q1] → 4 (-12) [Q2]
85% less capital invested
Capital invested by funds: $55.8M [Q1] → $8.16M (-$47.6M) [Q2]
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for NPAB.
Financial journalist opinion
We haven’t received any recent news articles for NPAB.