MMCAP International Inc. SPC Invests $1.75 Million in Hennessy Capital Acquisition Corp. IV $HCACU

MMCAP International Inc. SPC acquired a new position in shares of Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 175,000 shares of the company’s stock, valued at approximately $1,754,000.

Other institutional investors have also modified their holdings of the company. TrueMark Investments LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at $143,000. Gritstone Asset Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at $250,000. Wolverine Asset Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at $1,002,000. Finally, Wealthspring Capital LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at $2,505,000.

Hennessy Capital Acquisition Corp. IV Stock Performance

HCACU stock opened at $10.27 on Wednesday. The company has a fifty day moving average price of $10.28 and a 200 day moving average price of $11.34. Hennessy Capital Acquisition Corp. IV has a 12 month low of $10.00 and a 12 month high of $11.19.

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.