Context Capital Management LLC Invests $6.51 Million in Hennessy Capital Acquisition Corp. IV $HCACU

Context Capital Management LLC acquired a new position in shares of Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 650,000 shares of the company’s stock, valued at approximately $6,513,000.

A number of other institutional investors have also recently bought and sold shares of HCACU. Berkley W R Corp purchased a new position in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at about $1,490,000. Hudson Bay Capital Management LP acquired a new stake in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter valued at about $3,008,000. Quarry LP acquired a new stake in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter valued at about $501,000. Glazer Capital LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at approximately $3,389,000. Finally, First Trust Capital Management L.P. bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at approximately $5,010,000.

Hennessy Capital Acquisition Corp. IV Stock Up 1.5%

Shares of HCACU opened at $10.50 on Friday. The firm’s 50 day moving average price is $10.32 and its 200 day moving average price is $10.20. Hennessy Capital Acquisition Corp. IV has a twelve month low of $10.00 and a twelve month high of $11.90.

Hennessy Capital Acquisition Corp. IV Profile

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.