OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Holdings in Gores Holdings X, Inc. / CI $GTEN

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of Gores Holdings X, Inc. / CI (NASDAQ:GTEN) by 13.6% in the 4th quarter, Holdings Channel.com reports. The firm 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’s holdings in Gores Holdings X, Inc. / CI were worth $4,868,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Harraden Circle Investments LLC acquired a new position in Gores Holdings X, Inc. / CI in the 4th quarter valued at about $5,556,000. Quarry LP increased its holdings in shares of Gores Holdings X, Inc. / CI by 23.0% during the 4th quarter. Quarry LP now owns 61,632 shares of the company’s stock worth $632,000 after buying an additional 11,506 shares during the last quarter. DLD Asset Management LP acquired a new stake in shares of Gores Holdings X, Inc. / CI during the 4th quarter worth approximately $1,594,000. Westchester Capital Management LLC purchased a new stake in shares of Gores Holdings X, Inc. / CI during the 4th quarter valued at approximately $5,300,000. Finally, Verition Fund Management LLC lifted its holdings in Gores Holdings X, Inc. / CI by 9.8% in the fourth quarter. Verition Fund Management LLC now owns 779,270 shares of the company’s stock valued at $8,019,000 after acquiring an additional 69,271 shares during the last quarter.

Gores Holdings X, Inc. / CI Price Performance

GTEN opened at $10.39 on Friday. The firm has a market capitalization of $468.38 million and a PE ratio of 74.21. Gores Holdings X, Inc. / CI has a one year low of $10.12 and a one year high of $10.53. The firm has a 50 day simple moving average of $10.36.

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

Gores Holdings X, Inc. / CI Profile

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.