225,000 Shares in FIGX Capital Acquisition Corp. $FIGX Acquired by Mint Tower Capital Management B.V.

Mint Tower Capital Management B.V. bought a new position in FIGX Capital Acquisition Corp. (NASDAQ:FIGX) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 225,000 shares of the company’s stock, valued at approximately $2,264,000. Mint Tower Capital Management B.V. owned about 1.16% of FIGX Capital Acquisition at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FIGX. Wealthspring Capital LLC bought a new stake in FIGX Capital Acquisition in the 4th quarter worth approximately $5,122,000. MMCAP International Inc. SPC bought a new stake in FIGX Capital Acquisition in the fourth quarter worth $5,030,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in FIGX Capital Acquisition during the fourth quarter valued at about $3,150,000. Periscope Capital Inc. boosted its position in FIGX Capital Acquisition by 27.0% during the fourth quarter. Periscope Capital Inc. now owns 444,400 shares of the company’s stock valued at $4,471,000 after buying an additional 94,400 shares during the period. Finally, Wolverine Asset Management LLC boosted its position in FIGX Capital Acquisition by 32.7% during the fourth quarter. Wolverine Asset Management LLC now owns 170,033 shares of the company’s stock valued at $1,711,000 after buying an additional 41,929 shares during the period.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of FIGX Capital Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, FIGX Capital Acquisition currently has a consensus rating of “Sell”.

FIGX Capital Acquisition Price Performance

FIGX opened at $10.24 on Friday. The firm’s 50 day simple moving average is $10.19. FIGX Capital Acquisition Corp. has a one year low of $9.95 and a one year high of $10.25.

FIGX Capital Acquisition Profile

We are a blank check company incorporated on February 20, 2025, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any industry, we currently intend to concentrate our efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund management platforms with diversified distribution channels and global market presence.