Magnetar Financial LLC Buys New Position in Hennessy Capital Acquisition Corp. IV $HCACU

Magnetar Financial LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 500,000 shares of the company’s stock, valued at approximately $5,012,000.

Other large investors have also bought and sold shares of the company. TrueMark Investments LLC bought a new position in Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at about $143,000. Gritstone Asset Management LLC bought a new position in Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at about $250,000. Quarry LP bought a new position in Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at about $501,000. Mint Tower Capital Management B.V. bought a new position in Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at about $501,000. Finally, Wolverine Asset Management LLC bought a new position in Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at about $1,002,000.

Hennessy Capital Acquisition Corp. IV Stock Down 1.7%

Shares of HCACU stock opened at $10.32 on Wednesday. Hennessy Capital Acquisition Corp. IV has a fifty-two week low of $10.00 and a fifty-two week high of $11.90. The stock has a 50-day simple moving average of $10.33 and a 200 day simple moving average of $10.21.

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.