Mint Tower Capital Management B.V. purchased a new position in FIGX Capital Acquisition Corp. (NASDAQ:FIGX – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 225,000 shares of the company’s stock, valued at approximately $2,264,000.
A number of other institutional investors also recently bought and sold shares of FIGX. Wealthspring Capital LLC bought a new position in FIGX Capital Acquisition in the fourth quarter worth about $5,122,000. MMCAP International Inc. SPC bought a new position in FIGX Capital Acquisition in the fourth quarter worth about $5,030,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in FIGX Capital Acquisition in the fourth quarter worth $3,150,000. Periscope Capital Inc. raised its holdings in FIGX Capital Acquisition by 27.0% in the fourth quarter. Periscope Capital Inc. now owns 444,400 shares of the company’s stock worth $4,471,000 after purchasing an additional 94,400 shares in the last quarter. Finally, Wolverine Asset Management LLC raised its holdings in FIGX Capital Acquisition by 32.7% in the fourth quarter. Wolverine Asset Management LLC now owns 170,033 shares of the company’s stock worth $1,711,000 after purchasing an additional 41,929 shares in the last quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded FIGX Capital Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.
FIGX Capital Acquisition Stock Down 0.0%
Shares of NASDAQ:FIGX opened at $10.24 on Friday. FIGX Capital Acquisition Corp. has a 1-year low of $9.95 and a 1-year high of $10.25. The firm’s fifty day moving average is $10.19.
About FIGX Capital Acquisition
We are a blank check company incorporated on February 20, 2025, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any industry, we currently intend to concentrate our efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund management platforms with diversified distribution channels and global market presence.
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