Quercus buys more shares of Spire

By Lisa Kerner

Charlotte, N.C., Feb. 5 - Quercus Trust increased its ownership interest in Spire Corp. to 11.1% with the purchase of an additional 98,135 shares of the company's stock.

The shares were acquired between Dec. 13 and Feb. 1, priced from $17.64 to $22.38 per share.

The investors beneficially own 921,196 shares of Spires' outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.

Quercus reported a 5.1% stake in the company in September.

Spire is a Bedford, Mass., technology company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.