Lineage Point Capital LP Makes New Investment in Hennessy Capital Acquisition Corp. IV $HCACU

Lineage Point Capital LP bought a new stake in shares of Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 400,000 shares of the company’s stock, valued at approximately $4,008,000. Hennessy Capital Acquisition Corp. IV makes up approximately 1.5% of Lineage Point Capital LP’s portfolio, making the stock its 22nd largest position.

A number of other institutional investors have also recently made changes to their positions in HCACU. TrueMark Investments LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the fourth quarter worth about $143,000. Gritstone Asset Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at approximately $250,000. Virtu Financial LLC bought a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter worth $303,000. Mint Tower Capital Management B.V. bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter worth about $501,000. Finally, Quarry LP bought a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter worth about $501,000.

Hennessy Capital Acquisition Corp. IV Price Performance

Shares of HCACU stock opened at $10.32 on Friday. Hennessy Capital Acquisition Corp. IV has a 52-week low of $10.00 and a 52-week high of $11.90. The stock has a 50 day moving average price of $10.33 and a 200 day moving average price of $10.21.

Hennessy Capital Acquisition Corp. IV 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.