Radcliffe Capital Management L.P. Invests $5.32 Million in Highview Merger Corp. $HVMC

Radcliffe Capital Management L.P. acquired a new position in Highview Merger Corp. (NASDAQ:HVMC) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 532,201 shares of the company’s stock, valued at approximately $5,322,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Alberta Investment Management Corp bought a new stake in Highview Merger during the fourth quarter valued at approximately $12,500,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Highview Merger in the 4th quarter worth $10,000,000. Magnetar Financial LLC bought a new position in shares of Highview Merger in the 4th quarter worth $9,293,000. Hudson Bay Capital Management LP bought a new position in shares of Highview Merger in the 4th quarter worth $9,019,000. Finally, Glazer Capital LLC purchased a new stake in shares of Highview Merger during the 4th quarter valued at $9,000,000.

Highview Merger Stock Up 0.1%

NASDAQ HVMC opened at $10.16 on Wednesday. Highview Merger Corp. has a 52-week low of $9.93 and a 52-week high of $10.20. The stock’s fifty day moving average is $10.14.

Highview Merger (NASDAQ:HVMC) last released its earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Highview Merger Profile

We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.