Magnetar Financial LLC Buys Shares of 500,000 FIGX Capital Acquisition Corp. $FIGX

Magnetar Financial LLC bought a new stake in FIGX Capital Acquisition Corp. (NASDAQ:FIGX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 500,000 shares of the company’s stock, valued at approximately $5,030,000. Magnetar Financial LLC owned approximately 2.58% of FIGX Capital Acquisition as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FIGX. Wealthspring Capital LLC acquired a new position in shares of FIGX Capital Acquisition in the 4th quarter valued at approximately $5,122,000. MMCAP International Inc. SPC acquired a new position in shares of FIGX Capital Acquisition in the 4th quarter valued at approximately $5,030,000. Alberta Investment Management Corp acquired a new position in shares of FIGX Capital Acquisition in the 4th quarter valued at approximately $4,024,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of FIGX Capital Acquisition in the 4th quarter valued at approximately $3,150,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of FIGX Capital Acquisition in the 4th quarter valued at approximately $2,636,000.

FIGX Capital Acquisition Trading Up 0.3%

FIGX stock opened at $10.27 on Wednesday. FIGX Capital Acquisition Corp. has a 12-month low of $9.95 and a 12-month high of $10.30. The firm’s 50 day moving average price is $10.20.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised FIGX Capital Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

About FIGX Capital Acquisition

We are a blank check company incorporated on February 20, 2025, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any industry, we currently intend to concentrate our efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund management platforms with diversified distribution channels and global market presence.