Cowen Inc. Acquires New Stake in Pensare Acquisition Corp (WRLS)

Cowen Inc. acquired a new stake in shares of Pensare Acquisition Corp (NASDAQ:WRLS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 30,800 shares of the technology company’s stock, valued at approximately $298,000. Cowen Inc. owned about 0.08% of Pensare Acquisition as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in WRLS. K2 Principal Fund L.P. acquired a new stake in shares of Pensare Acquisition during the 3rd quarter valued at $9,866,000. Periscope Capital Inc. acquired a new stake in shares of Pensare Acquisition during the 3rd quarter valued at $7,427,000. Finally, Deltec Asset Management LLC acquired a new stake in shares of Pensare Acquisition during the 3rd quarter valued at $967,000. Institutional investors own 45.37% of the company’s stock.

Shares of Pensare Acquisition Corp (NASDAQ:WRLS) opened at $9.66 on Friday. Pensare Acquisition Corp has a 52-week low of $9.60 and a 52-week high of $9.73.

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About Pensare Acquisition

Pensare Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The Company intends to initially focus on identifying a business in the wireless telecommunications industry in the United States.

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