Sona Asset Management US LLC Takes $1.09 Million Position in FIGX Capital Acquisition Corp. $FIGX

Sona Asset Management US LLC bought a new stake in FIGX Capital Acquisition Corp. (NASDAQ:FIGX – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm bought 107,945 shares of the company’s stock, valued at approximately $1,090,000.

Other large investors have also recently made changes to their positions in the company. Meteora Capital LLC purchased a new stake in FIGX Capital Acquisition during the fourth quarter worth $9,282,000. Glazer Capital LLC increased its holdings in FIGX Capital Acquisition by 12.8% in the fourth quarter. Glazer Capital LLC now owns 600,002 shares of the company’s stock valued at $6,036,000 after buying an additional 67,867 shares in the last quarter. Wealthspring Capital LLC purchased a new position in FIGX Capital Acquisition in the fourth quarter valued at $5,122,000. MMCAP International Inc. SPC acquired a new position in shares of FIGX Capital Acquisition in the fourth quarter worth about $5,030,000. Finally, Magnetar Financial LLC acquired a new position in shares of FIGX Capital Acquisition in the fourth quarter worth about $5,030,000.

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FIGX Capital Acquisition Price Performance

Shares of FIGX stock opened at $10.27 on Monday. FIGX Capital Acquisition Corp. has a 1-year low of $9.95 and a 1-year high of $10.30. The stock’s 50 day simple moving average is $10.24.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of FIGX Capital Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

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FIGX Capital Acquisition Company Profile

(Free Report)

We are a blank check company incorporated on February 20, 2025, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any industry, we currently intend to concentrate our efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund management platforms with diversified distribution channels and global market presence.

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Want to see what other hedge funds are holding FIGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FIGX Capital Acquisition Corp. (NASDAQ:FIGX – Free Report).

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