OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Highview Merger Corp. (NASDAQ:HVMC – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 250,000 shares of the company’s stock, valued at approximately $2,500,000.
A number of other hedge funds have also recently modified their holdings of the business. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Highview Merger during the 4th quarter valued at $10,000,000. Hudson Bay Capital Management LP purchased a new position in shares of Highview Merger during the 4th quarter valued at $9,019,000. Glazer Capital LLC purchased a new position in shares of Highview Merger during the 4th quarter valued at $9,000,000. Verition Fund Management LLC purchased a new position in shares of Highview Merger during the 4th quarter valued at $6,213,000. Finally, Sculptor Capital LP purchased a new position in shares of Highview Merger during the 4th quarter valued at $5,000,000.
Highview Merger Stock Performance
HVMC opened at $10.15 on Tuesday. Highview Merger Corp. has a fifty-two week low of $9.93 and a fifty-two week high of $10.20. The company’s fifty day moving average price is $10.13.
Highview Merger 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.
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Want to see what other hedge funds are holding HVMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Highview Merger Corp. (NASDAQ:HVMC – Free Report).
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