Wolverine Asset Management LLC Purchases Shares of 344,019 Gores Holdings IX, Inc. (NASDAQ:GHIX)

Wolverine Asset Management LLC purchased a new stake in Gores Holdings IX, Inc. (NASDAQ:GHIX) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 344,019 shares of the company’s stock, valued at approximately $3,612,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TrueMark Investments LLC bought a new stake in Gores Holdings IX in the fourth quarter valued at $222,000. Tuttle Capital Management LLC acquired a new position in shares of Gores Holdings IX during the fourth quarter valued at about $315,000. Deltec Asset Management LLC grew its holdings in shares of Gores Holdings IX by 82.7% during the third quarter. Deltec Asset Management LLC now owns 200,000 shares of the company’s stock valued at $2,078,000 after buying an additional 90,502 shares during the last quarter. Shaolin Capital Management LLC grew its holdings in shares of Gores Holdings IX by 166.1% during the third quarter. Shaolin Capital Management LLC now owns 247,900 shares of the company’s stock valued at $2,576,000 after buying an additional 622,900 shares during the last quarter. Finally, Cowen AND Company LLC grew its holdings in shares of Gores Holdings IX by 4,180.4% during the third quarter. Cowen AND Company LLC now owns 463,992 shares of the company’s stock valued at $4,821,000 after buying an additional 453,152 shares during the last quarter. 75.13% of the stock is owned by institutional investors.

Gores Holdings IX Stock Up 0.9 %

Shares of NASDAQ GHIX traded up $0.09 during mid-day trading on Wednesday, reaching $10.64. 2,116 shares of the company’s stock traded hands, compared to its average volume of 13,810. Gores Holdings IX, Inc. has a 1-year low of $10.04 and a 1-year high of $11.10. The business has a 50-day simple moving average of $10.56 and a 200 day simple moving average of $10.52.

About Gores Holdings IX

Gores Holdings IX, Inc does not have significant operations. It intends to effect on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Boulder, Colorado.