Radcliffe Capital Management L.P. Buys New Shares in Hennessy Capital Acquisition Corp. IV $HCACU

Radcliffe Capital Management L.P. purchased a new stake in Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 550,000 shares of the company’s stock, valued at approximately $5,511,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. TrueMark Investments LLC bought a new position in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter worth about $143,000. Gritstone Asset Management LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at about $250,000. Wolverine Asset Management LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at about $1,002,000. Wealthspring Capital LLC acquired a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth about $2,505,000. Finally, MMCAP International Inc. SPC acquired a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth about $1,754,000.

Hennessy Capital Acquisition Corp. IV Stock Performance

Shares of HCACU opened at $10.32 on Wednesday. The stock’s 50-day moving average price is $10.33 and its 200 day moving average price is $10.21. Hennessy Capital Acquisition Corp. IV has a 12-month low of $10.00 and a 12-month high of $11.90.

Hennessy Capital Acquisition Corp. IV Company Profile

Hennessy Capital Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.