Lineage Point Capital LP bought a new stake in Gores Holdings X, Inc. / CI (NASDAQ:GTEN – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 255,434 shares of the company’s stock, valued at approximately $2,618,000. Lineage Point Capital LP owned 0.57% of Gores Holdings X, Inc. / CI at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in GTEN. Virtu Financial LLC bought a new stake in Gores Holdings X, Inc. / CI in the 4th quarter valued at $270,000. Sandia Investment Management LP raised its stake in shares of Gores Holdings X, Inc. / CI by 23.0% in the 4th quarter. Sandia Investment Management LP now owns 61,632 shares of the company’s stock valued at $632,000 after purchasing an additional 11,506 shares during the period. Quarry LP raised its stake in shares of Gores Holdings X, Inc. / CI by 23.0% in the 4th quarter. Quarry LP now owns 61,632 shares of the company’s stock valued at $632,000 after purchasing an additional 11,506 shares during the period. DLD Asset Management LP bought a new stake in shares of Gores Holdings X, Inc. / CI in the fourth quarter valued at about $1,594,000. Finally, Rivernorth Capital Management LLC lifted its holdings in shares of Gores Holdings X, Inc. / CI by 33.6% in the fourth quarter. Rivernorth Capital Management LLC now owns 198,748 shares of the company’s stock valued at $2,037,000 after purchasing an additional 50,000 shares in the last quarter.
Gores Holdings X, Inc. / CI Stock Down 0.4%
GTEN stock opened at $10.39 on Friday. The firm has a market capitalization of $468.38 million and a PE ratio of 74.21. Gores Holdings X, Inc. / CI has a fifty-two week low of $10.12 and a fifty-two week high of $10.53. The stock’s 50-day moving average price is $10.36.
About Gores Holdings X, Inc. / CI
Gores Holdings X, Inc (NASDAQ: GTEN) is a special purpose acquisition company (SPAC) formed to effect a business combination with one or more operating businesses. As a blank‑check company, GTEN’s principal activity is to identify, evaluate and complete a merger, asset acquisition, stock purchase, reorganization or similar business combination that would result in a publicly traded combined company.
Prior to completing a business combination, Gores Holdings X does not operate commercial businesses; its operations typically consist of raising capital through an initial public offering, maintaining funds in a trust account, and conducting diligence and negotiations with potential targets.
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