Lineage Point Capital LP Purchases New Holdings in Gores Holdings X, Inc. / CI $GTEN

Lineage Point Capital LP acquired a new stake in Gores Holdings X, Inc. / CI (NASDAQ:GTEN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 255,434 shares of the company’s stock, valued at approximately $2,618,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fort Baker Capital Management LP boosted its stake in shares of Gores Holdings X, Inc. / CI by 67.4% during the 4th quarter. Fort Baker Capital Management LP now owns 1,423,190 shares of the company’s stock worth $14,588,000 after acquiring an additional 573,190 shares during the period. Verition Fund Management LLC grew its position in shares of Gores Holdings X, Inc. / CI by 9.8% in the fourth quarter. Verition Fund Management LLC now owns 779,270 shares of the company’s stock valued at $8,019,000 after purchasing an additional 69,271 shares during the last quarter. Governors Lane LP grew its position in shares of Gores Holdings X, Inc. / CI by 91.2% in the fourth quarter. Governors Lane LP now owns 672,658 shares of the company’s stock valued at $6,895,000 after purchasing an additional 320,858 shares during the last quarter. Harraden Circle Investments LLC acquired a new position in shares of Gores Holdings X, Inc. / CI in the fourth quarter valued at approximately $5,556,000. Finally, Westchester Capital Management LLC bought a new position in shares of Gores Holdings X, Inc. / CI during the fourth quarter worth approximately $5,300,000.

Gores Holdings X, Inc. / CI Stock Performance

NASDAQ:GTEN opened at $10.39 on Friday. The firm has a market cap of $468.38 million and a PE ratio of 74.21. The business’s 50 day moving average price is $10.36. Gores Holdings X, Inc. / CI has a 1-year low of $10.12 and a 1-year high of $10.53.

Gores Holdings X, Inc. / CI (NASDAQ:GTEN) last issued its quarterly earnings data on Saturday, March 28th. The company reported $0.32 EPS for the quarter.

Gores Holdings X, Inc. / CI Profile

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.