GSA Capital Partners LLP Acquires Stake in T2 Biosystems Inc
GuruFocus Research
Mon, July 31, 2023 at 8:29 PM CDT·4 min read
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On July 7, 2023, GSA Capital Partners LLP, a London-based investment firm, added 799,572 shares of T2 Biosystems Inc (NASDAQ:TTOO) to its portfolio. This article provides an in-depth analysis of the transaction, the profiles of the firm and the traded company, and the potential impact on the stock market.
Details of the Transaction
The transaction involved the acquisition of 799,572 shares of T2 Biosystems Inc at a traded price of $0.115 per share. This addition increased GSA Capital Partners LLP's total holdings in T2 Biosystems Inc to 4,599,059 shares, representing 1.50% of the company's total shares and 0.05% of the firm's portfolio. The transaction had a minor impact of 0.01% on the firm's portfolio.