OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Stock Position in Gores Holdings X, Inc. / CI $GTEN

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in shares of Gores Holdings X, Inc. / CI (NASDAQ:GTEN) by 13.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 474,941 shares of the company’s stock after selling 75,059 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Gores Holdings X, Inc. / CI were worth $4,868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Verition Fund Management LLC lifted its position in Gores Holdings X, Inc. / CI by 9.8% during the fourth quarter. Verition Fund Management LLC now owns 779,270 shares of the company’s stock valued at $8,019,000 after buying an additional 69,271 shares during the period. Harraden Circle Investments LLC purchased a new position in Gores Holdings X, Inc. / CI during the fourth quarter valued at $5,556,000. Westchester Capital Management LLC purchased a new position in Gores Holdings X, Inc. / CI during the fourth quarter valued at $5,300,000. DLD Asset Management LP purchased a new position in Gores Holdings X, Inc. / CI during the fourth quarter valued at $1,594,000. Finally, Quarry LP lifted its position in Gores Holdings X, Inc. / CI by 23.0% during the fourth quarter. Quarry LP now owns 61,632 shares of the company’s stock valued at $632,000 after buying an additional 11,506 shares during the period.

Gores Holdings X, Inc. / CI Stock Up 0.5%

Gores Holdings X, Inc. / CI stock opened at $10.43 on Tuesday. The business has a fifty day moving average of $10.35. Gores Holdings X, Inc. / CI has a 12 month low of $10.12 and a 12 month high of $10.53. The company has a market capitalization of $469.96 million and a P/E ratio of 74.46.

Gores Holdings X, Inc. / CI (NASDAQ:GTEN) last released its earnings results 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.