Lineage Point Capital LP Takes $5.04 Million Position in FG Imperii Acquisition Corp. $FGII

Lineage Point Capital LP purchased a new stake in FG Imperii Acquisition Corp. (NASDAQ:FGII) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 500,000 shares of the company’s stock, valued at approximately $5,045,000. FG Imperii Acquisition accounts for approximately 1.0% of Lineage Point Capital LP’s holdings, making the stock its 21st largest holding.

FG Imperii Acquisition Price Performance

FGII opened at $10.03 on Friday. FG Imperii Acquisition Corp. has a twelve month low of $9.86 and a twelve month high of $10.04. The business’s 50-day moving average price is $9.97.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on FG Imperii Acquisition in a report on Tuesday, July 28th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, FG Imperii Acquisition has a consensus rating of “Sell”.

FG Imperii Acquisition Company Profile

FG Imperii Acquisition Corp is a blank check company incorporated in the Cayman Islands. The company was formed for the purpose of merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.