Highbridge Capital Management LLC acquired a new stake in shares of GP-Act III Acquisition Corp. (NASDAQ:GPATU – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $100,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Condor Capital Management bought a new stake in shares of GP-Act III Acquisition in the second quarter valued at approximately $196,000. Cowen AND Company LLC purchased a new position in GP-Act III Acquisition in the 2nd quarter valued at approximately $11,890,000. Picton Mahoney Asset Management bought a new stake in GP-Act III Acquisition during the 2nd quarter valued at $18,807,000. Finally, TrueMark Investments LLC purchased a new stake in shares of GP-Act III Acquisition during the second quarter worth $178,000.
GP-Act III Acquisition Price Performance
GP-Act III Acquisition stock opened at $10.04 on Thursday. GP-Act III Acquisition Corp. has a one year low of $10.02 and a one year high of $10.10. The stock has a fifty day moving average of $10.07.
GP-Act III Acquisition Company Profile
GP-Act III Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as GP Investments Acquisition Corp. II and changed its name to GP-Act III Acquisition Corp.
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