Wellspring Financial Advisors LLC Takes $183,000 Position in GP-Act III Acquisition Corp. (NASDAQ:GPAT)

Wellspring Financial Advisors LLC purchased a new position in GP-Act III Acquisition Corp. (NASDAQ:GPAT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,000 shares of the company’s stock, valued at approximately $183,000.

Other institutional investors have also bought and sold shares of the company. Tidal Investments LLC purchased a new stake in GP-Act III Acquisition in the third quarter worth $307,000. Wolverine Asset Management LLC increased its holdings in GP-Act III Acquisition by 4.0% in the 4th quarter. Wolverine Asset Management LLC now owns 298,553 shares of the company’s stock worth $3,027,000 after acquiring an additional 11,439 shares during the last quarter. Finally, Rivernorth Capital Management LLC purchased a new stake in GP-Act III Acquisition during the third quarter valued at about $4,548,000.

GP-Act III Acquisition Trading Up 0.2 %

Shares of NASDAQ:GPAT opened at $10.32 on Monday. The company has a 50-day moving average price of $10.28 and a two-hundred day moving average price of $10.17. GP-Act III Acquisition Corp. has a twelve month low of $9.98 and a twelve month high of $10.32.

About GP-Act III Acquisition

GP-Act III Acquisition Corp. operates as a blank check company, which was created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 23, 2020 and is headquartered in New York, NY.