Activist Investor Jeff Smith is Buying These 5 SPACs in 2022

4. Kimbell Tiger Acquisition Corp (NYSE:TGR)

Starboard Value LP Stake Value: $7,523,000

Percentage of Starboard Value’s 13F Portfolio: 0.09%

Kimbell Tiger Acquisition Corp (NYSE:TGR) operates as a SPAC and focuses on acquiring business in the energy and natural resources industry in North America. Kimbell Tiger Acquisition Corp (NYSE:TGR) company was incorporated in 2021 and is based in Fort Worth, Texas.

In the first quarter of 2022, Starboard Value went long Kimbell Tiger Acquisition Corp (NYSE:TGR) and purchased more than 0.70 million shares of the shell company. This amounts to a stake of $7.52 million which covers 0.09% of the fund’s 13F portfolio and ranks the stock 28 among the fund’s 13F holdings.