Governors Lane LP Has $6.90 Million Stock Position in Gores Holdings X, Inc. / CI $GTEN

Governors Lane LP grew its position in shares of Gores Holdings X, Inc. / CI (NASDAQ:GTEN) by 91.2% in the 4th quarter, HoldingsChannel reports. The fund owned 672,658 shares of the company’s stock after buying an additional 320,858 shares during the period. Governors Lane LP’s holdings in Gores Holdings X, Inc. / CI were worth $6,895,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GTEN. Schonfeld Strategic Advisors LLC lifted its stake in shares of Gores Holdings X, Inc. / CI by 7.1% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 302,917 shares of the company’s stock valued at $3,105,000 after buying an additional 20,194 shares in the last quarter. Sandia Investment Management LP boosted 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 purchasing an additional 11,506 shares during the last quarter. Fort Baker Capital Management LP boosted its stake in Gores Holdings X, Inc. / CI by 67.4% during the 4th quarter. Fort Baker Capital Management LP now owns 1,423,190 shares of the company’s stock valued at $14,588,000 after purchasing an additional 573,190 shares during the last quarter. Verition Fund Management LLC increased its holdings in Gores Holdings X, Inc. / CI by 9.8% during the 4th quarter. Verition Fund Management LLC now owns 779,270 shares of the company’s stock worth $8,019,000 after purchasing an additional 69,271 shares in the last quarter. Finally, Westchester Capital Management LLC purchased a new stake in shares of Gores Holdings X, Inc. / CI in the fourth quarter worth approximately $5,300,000.

Gores Holdings X, Inc. / CI Stock Up 0.2%

GTEN opened at $10.39 on Thursday. Gores Holdings X, Inc. / CI has a 1 year low of $10.12 and a 1 year high of $10.53. The stock has a market cap of $468.16 million and a P/E ratio of 74.18. The business’s fifty day moving average price is $10.35.

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