Gores Holdings X, Inc. / CI $GTEN Shares Sold by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in shares of Gores Holdings X, Inc. / CI (NASDAQ:GTEN) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 474,941 shares of the company’s stock after selling 75,059 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.05% of Gores Holdings X, Inc. / CI worth $4,868,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of GTEN. Virtu Financial LLC purchased a new position in shares of Gores Holdings X, Inc. / CI in the fourth quarter worth about $270,000. Sandia Investment Management LP grew its stake in Gores Holdings X, Inc. / CI by 23.0% during the 4th quarter. Sandia Investment Management LP now owns 61,632 shares of the company’s stock valued at $632,000 after acquiring an additional 11,506 shares in the last quarter. Quarry LP raised its holdings in Gores Holdings X, Inc. / CI by 23.0% in the 4th quarter. Quarry LP now owns 61,632 shares of the company’s stock valued at $632,000 after acquiring an additional 11,506 shares during the last quarter. DLD Asset Management LP acquired a new stake in Gores Holdings X, Inc. / CI in the 4th quarter valued at about $1,594,000. Finally, Rivernorth Capital Management LLC lifted its stake in Gores Holdings X, Inc. / CI by 33.6% in the 4th quarter. Rivernorth Capital Management LLC now owns 198,748 shares of the company’s stock worth $2,037,000 after purchasing an additional 50,000 shares in the last quarter.

Gores Holdings X, Inc. / CI Price Performance

GTEN opened at $10.39 on Friday. The stock has a market cap of $468.38 million and a price-to-earnings ratio of 74.21. The business has a 50 day simple moving average of $10.36. Gores Holdings X, Inc. / CI has a 1-year low of $10.12 and a 1-year high of $10.53.

Gores Holdings X, Inc. / CI (NASDAQ:GTEN) last posted its quarterly earnings results on Saturday, March 28th. The company reported $0.32 earnings per share (EPS) for the quarter.

About Gores Holdings X, Inc. / CI

Gores Holdings X, Inc (NASDAQ: GTEN) is a special purpose acquisition company (SPAC) formed to effect a business combination with one or more operating businesses. As a blank‑check company, GTEN’s principal activity is to identify, evaluate and complete a merger, asset acquisition, stock purchase, reorganization or similar business combination that would result in a publicly traded combined company.

Prior to completing a business combination, Gores Holdings X does not operate commercial businesses; its operations typically consist of raising capital through an initial public offering, maintaining funds in a trust account, and conducting diligence and negotiations with potential targets.