Magnetar Financial LLC Invests $9.29 Million in Highview Merger Corp. $HVMC

Magnetar Financial LLC purchased a new position in Highview Merger Corp. (NASDAQ:HVMC) in the fourth quarter, Holdings Channel reports. The fund purchased 929,288 shares of the company’s stock, valued at approximately $9,293,000.

Other hedge funds have also made changes to their positions in the company. Mint Tower Capital Management B.V. purchased a new stake in shares of Highview Merger in the fourth quarter worth approximately $250,000. DLD Asset Management LP acquired a new position in Highview Merger in the fourth quarter worth approximately $1,003,000. Context Capital Management LLC acquired a new position in Highview Merger in the fourth quarter worth approximately $1,500,000. Bulldog Investors LLP acquired a new position in Highview Merger in the fourth quarter worth approximately $1,607,000. Finally, Westchester Capital Management LLC acquired a new position in Highview Merger in the fourth quarter worth approximately $1,703,000.

Highview Merger Stock Performance

NASDAQ:HVMC opened at $10.16 on Wednesday. The stock has a 50 day moving average price of $10.14. Highview Merger Corp. has a 52 week low of $9.93 and a 52 week high of $10.20.

Highview Merger (NASDAQ:HVMC) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

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.