Lineage Point Capital LP Makes New Investment in FG Imperii Acquisition Corp. $FGII

Lineage Point Capital LP acquired a new position in shares of FG Imperii Acquisition Corp. (NASDAQ:FGII) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 500,000 shares of the company’s stock, valued at approximately $5,045,000. FG Imperii Acquisition accounts for approximately 1.0% of Lineage Point Capital LP’s portfolio, making the stock its 21st largest position. Lineage Point Capital LP owned approximately 1.73% of FG Imperii Acquisition at the end of the most recent quarter.

FG Imperii Acquisition Stock Performance

FGII stock opened at $10.03 on Friday. The company has a 50-day simple moving average of $9.97. FG Imperii Acquisition Corp. has a 52 week low of $9.86 and a 52 week high of $10.04.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on FG Imperii Acquisition in a report on Tuesday, July 28th. They set a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat, FG Imperii Acquisition presently has a consensus rating of “Sell”.

About FG Imperii Acquisition

FG Imperii Acquisition Corp is a blank check company incorporated in the Cayman Islands. The company was formed for the purpose of merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.