Alberta Investment Management Corp Buys Shares of 1,250,000 Highview Merger Corp. $HVMC

Alberta Investment Management Corp purchased a new position in shares of Highview Merger Corp. (NASDAQ:HVMC) in the fourth quarter, HoldingsChannel reports. The fund purchased 1,250,000 shares of the company’s stock, valued at approximately $12,500,000.

Several other hedge funds also recently made changes to their positions in HVMC. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Highview Merger during the 4th quarter worth approximately $10,000,000. Hudson Bay Capital Management LP bought a new position in shares of Highview Merger during the 4th quarter worth approximately $9,019,000. Glazer Capital LLC bought a new position in shares of Highview Merger during the 4th quarter worth approximately $9,000,000. Verition Fund Management LLC bought a new position in shares of Highview Merger during the 4th quarter worth approximately $6,213,000. Finally, Sculptor Capital LP bought a new position in shares of Highview Merger during the 4th quarter worth approximately $5,000,000.

Highview Merger Price Performance

Shares of HVMC opened at $10.15 on Tuesday. Highview Merger Corp. has a twelve month low of $9.93 and a twelve month high of $10.20. The business’s 50 day simple moving average is $10.13.

Highview Merger (NASDAQ:HVMC) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Highview Merger Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.