Lineage Point Capital LP Invests $4 Million in Highview Merger Corp. $HVMC

Lineage Point Capital LP purchased a new stake in shares of Highview Merger Corp. (NASDAQ:HVMC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 400,000 shares of the company’s stock, valued at approximately $4,000,000. Highview Merger makes up about 1.5% of Lineage Point Capital LP’s investment portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Mint Tower Capital Management B.V. acquired a new position in Highview Merger during the fourth quarter worth $250,000. Boothbay Fund Management LLC acquired a new stake in shares of Highview Merger in the fourth quarter worth about $250,000. Virtu Financial LLC acquired a new stake in shares of Highview Merger in the fourth quarter worth about $252,000. Meteora Capital LLC bought a new stake in shares of Highview Merger during the 4th quarter worth about $1,000,000. Finally, DLD Asset Management LP acquired a new position in shares of Highview Merger during the 4th quarter valued at about $1,003,000.

Highview Merger Stock Performance

Shares of NASDAQ HVMC opened at $10.15 on Friday. The firm’s 50-day moving average is $10.14. Highview Merger Corp. has a 52 week low of $9.93 and a 52 week high of $10.20.

Highview Merger (NASDAQ:HVMC) last posted its earnings results on Thursday, May 14th. The company reported $0.06 earnings per share for the quarter.

Highview Merger Profile

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.