Highbridge Capital Management LLC Purchases Shares of 350,000 Hennessy Capital Acquisition Corp. IV $HCACU

Highbridge Capital Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 350,000 shares of the company’s stock, valued at approximately $3,509,000.

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

Hennessy Capital Acquisition Corp. IV Stock Down 2.5%

Shares of HCACU stock opened at $10.34 on Friday. The stock has a 50 day simple moving average of $10.31 and a 200-day simple moving average of $10.67. Hennessy Capital Acquisition Corp. IV has a 1-year low of $10.00 and a 1-year high of $11.90.

Hennessy Capital Acquisition Corp. IV Company 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.