Governors Lane LP Invests $1.75 Million in Hennessy Capital Acquisition Corp. IV $HCACU

Governors Lane LP acquired a new position in Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 175,000 shares of the company’s stock, valued at approximately $1,754,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. TrueMark Investments LLC bought a new position in Hennessy Capital Acquisition Corp. IV in the fourth quarter worth $143,000. Gritstone Asset Management LLC bought a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at $250,000. Wolverine Asset Management LLC acquired a new position in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at $1,002,000. Wealthspring Capital LLC bought a new position in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter worth about $2,505,000. Finally, MMCAP International Inc. SPC bought a new position in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter worth about $1,754,000.

Hennessy Capital Acquisition Corp. IV Stock Performance

Shares of HCACU opened at $10.32 on Thursday. Hennessy Capital Acquisition Corp. IV has a 12 month low of $10.00 and a 12 month high of $11.90. The company has a 50-day moving average price of $10.33 and a two-hundred day moving average price of $10.21.

About Hennessy Capital Acquisition Corp. IV

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.