Marblegate Acquisition Corp
NASDAQ:GATE
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During the last 3 months Marblegate Acquisition Corp insiders have not bought any shares, and have not sold any shares.
The last transaction was made on Oct 5, 2021 by Milgram Andrew , who bought 6.1m USD worth of GATE shares.
During the last 3 months Marblegate Acquisition Corp insiders have not bought any shares, and have not sold any shares.
The last transaction was made on Oct 5, 2021 by Milgram Andrew , who bought 6.1m USD worth of GATE shares.
Marblegate Acquisition Corp
Glance View
Marblegate Acquisition Corp. operates as a blank check company. The company is headquartered in Greenwich, Connecticut. The company went IPO on 2021-10-01. The firm is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The firm has not selected any business combination target, and has not engaged in any substantive discussions, directly or indirectly, with any business combination target. The firm may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector. The company intends to concentrate on identifying businesses that have newly undergone a restructuring. The firm neither engaged in any operations nor generated any revenues.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.