Governors Lane LP Has $6.90 Million Position in Gores Holdings X, Inc. / CI $GTEN

Governors Lane LP grew its stake in shares of Gores Holdings X, Inc. / CI (NASDAQ:GTEN) by 91.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 672,658 shares of the company’s stock after buying an additional 320,858 shares during the quarter. Governors Lane LP owned approximately 1.49% of Gores Holdings X, Inc. / CI worth $6,895,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Fort Baker Capital Management LP grew its holdings in Gores Holdings X, Inc. / CI by 67.4% during the 4th quarter. Fort Baker Capital Management LP now owns 1,423,190 shares of the company’s stock worth $14,588,000 after acquiring an additional 573,190 shares during the last quarter. Verition Fund Management LLC lifted its holdings in shares of 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 worth $8,019,000 after purchasing an additional 69,271 shares during the period. Harraden Circle Investments LLC bought a new stake in shares of Gores Holdings X, Inc. / CI in the fourth quarter worth $5,556,000. Westchester Capital Management LLC bought a new stake in shares of Gores Holdings X, Inc. / CI in the fourth quarter worth $5,300,000. Finally, Schonfeld Strategic Advisors LLC increased its holdings in Gores Holdings X, Inc. / CI by 7.1% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 302,917 shares of the company’s stock valued at $3,105,000 after purchasing an additional 20,194 shares during the period.

Gores Holdings X, Inc. / CI Price Performance

NASDAQ:GTEN opened at $10.39 on Thursday. The firm has a market cap of $468.16 million and a P/E ratio of 74.18. Gores Holdings X, Inc. / CI has a fifty-two week low of $10.12 and a fifty-two week high of $10.53. The firm’s 50 day moving average price is $10.35.

Gores Holdings X, Inc. / CI (NASDAQ:GTEN) last announced its earnings results on Saturday, March 28th. The company reported $0.32 earnings per share for the quarter.

Gores Holdings X, Inc. / CI Company 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.