Highbridge Capital Management LLC Buys New Holdings in Hennessy Capital Acquisition Corp. IV $HCACU

Highbridge Capital Management LLC bought a new stake in Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 350,000 shares of the company’s stock, valued at approximately $3,509,000.

A number of other large investors have also recently bought and sold shares of HCACU. TrueMark Investments LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at approximately $143,000. Gritstone Asset Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at approximately $250,000. Wolverine Asset Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at approximately $1,002,000. MMCAP International Inc. SPC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at approximately $1,754,000. Finally, Wealthspring Capital LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at approximately $2,505,000.

Hennessy Capital Acquisition Corp. IV Trading Down 2.5%

Shares of NASDAQ HCACU opened at $10.34 on Friday. The business’s 50 day moving average price is $10.31 and its 200 day moving average price is $10.67. Hennessy Capital Acquisition Corp. IV has a 52 week low of $10.00 and a 52 week high of $11.90.

About Hennessy Capital Acquisition Corp. IV

Hennessy Capital Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.