Irenic Capital Management LP Invests $3 Million in Highview Merger Corp. $HVMC

Irenic Capital Management LP acquired a new position in Highview Merger Corp. (NASDAQ:HVMCFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 300,000 shares of the company’s stock, valued at approximately $3,000,000. Highview Merger comprises approximately 0.2% of Irenic Capital Management LP’s holdings, making the stock its 28th largest position.

Other hedge funds have also recently made changes to their positions in the company. Boothbay Fund Management LLC bought a new position in shares of Highview Merger in the 4th quarter worth about $250,000. Mint Tower Capital Management B.V. bought a new position in shares of Highview Merger in the 4th quarter worth about $250,000. Meteora Capital LLC bought a new position in shares of Highview Merger in the 4th quarter worth about $1,000,000. DLD Asset Management LP bought a new position in shares of Highview Merger in the 4th quarter worth about $1,003,000. Finally, Context Capital Management LLC bought a new position in shares of Highview Merger in the 4th quarter worth about $1,500,000.

Highview Merger Price Performance

HVMC stock opened at $10.16 on Thursday. The stock has a 50-day simple moving average of $10.14. Highview Merger Corp. has a 1-year low of $9.93 and a 1-year high of $10.20.

Highview Merger (NASDAQ:HVMCGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.06 earnings per share for the quarter.

Highview Merger Profile

(Free Report)

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.

Featured Articles

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:HVMCFree Report).

Institutional Ownership by Quarter for Highview Merger (NASDAQ:HVMC)

Receive News & Ratings for Highview Merger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highview Merger and related companies with MarketBeat.com's FREE daily email newsletter.