Fir Tree Capital Management LP Makes New Investment in Queen’s Gambit Growth Capital (NASDAQ:GMBT)

Fir Tree Capital Management LP purchased a new stake in Queen’s Gambit Growth Capital (NASDAQ:GMBT) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 200,000 shares of the company’s stock, valued at approximately $1,940,000. Fir Tree Capital Management LP owned approximately 0.53% of Queen’s Gambit Growth Capital as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bardin Hill Management Partners LP bought a new stake in shares of Queen’s Gambit Growth Capital in the first quarter worth $49,000. Wolverine Asset Management LLC bought a new stake in Queen’s Gambit Growth Capital during the first quarter worth $68,000. Schonfeld Strategic Advisors LLC bought a new stake in Queen’s Gambit Growth Capital during the first quarter worth $97,000. Berkley W R Corp bought a new stake in Queen’s Gambit Growth Capital during the first quarter worth $143,000. Finally, Levin Capital Strategies L.P. bought a new stake in Queen’s Gambit Growth Capital during the first quarter worth $146,000. 35.40% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:GMBT opened at $9.69 on Thursday. The company has a 50 day simple moving average of $9.70. Queen’s Gambit Growth Capital has a 12-month low of $9.56 and a 12-month high of $10.38.

About Queen’s Gambit Growth Capital

Queen's Gambit Growth Capital, a blank check company, intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.

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Institutional Ownership by Quarter for Queen`s Gambit Growth Capital (NASDAQ:GMBT)

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