Periscope Capital Inc. Takes Position in Hennessy Capital Acquisition Corp. IV $HCACU

Periscope Capital Inc. acquired a new stake in shares of Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 322,900 shares of the company’s stock, valued at approximately $3,235,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthspring Capital LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at approximately $2,505,000. MMCAP International Inc. SPC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at approximately $1,754,000. Wolverine Asset Management LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at approximately $1,002,000. Gritstone Asset Management LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at approximately $250,000. Finally, TrueMark Investments LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at approximately $143,000.

Hennessy Capital Acquisition Corp. IV Stock Performance

NASDAQ HCACU opened at $10.32 on Friday. Hennessy Capital Acquisition Corp. IV has a 52 week low of $10.00 and a 52 week high of $11.19. The business has a 50 day moving average price of $10.28 and a 200-day moving average price of $11.14.

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.