Heights Capital Management Inc. Acquires New Shares in FACT II Acquisition Corp. Unit (NASDAQ:FACTU)
by Renee Jackson · The Cerbat GemHeights Capital Management Inc. acquired a new position in FACT II Acquisition Corp. Unit (NASDAQ:FACTU – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 60,000 shares of the company’s stock, valued at approximately $599,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TrueMark Investments LLC acquired a new stake in shares of FACT II Acquisition Corp. Unit in the fourth quarter valued at approximately $100,000. Periscope Capital Inc. acquired a new stake in FACT II Acquisition Corp. Unit during the 4th quarter worth approximately $1,497,000. Wealthspring Capital LLC bought a new position in FACT II Acquisition Corp. Unit during the 4th quarter worth about $1,828,000. Athos Capital Ltd bought a new stake in FACT II Acquisition Corp. Unit in the 4th quarter valued at approximately $2,495,000. Finally, Picton Mahoney Asset Management acquired a new stake in FACT II Acquisition Corp. Unit in the 4th quarter valued at $2,994,000.
FACT II Acquisition Corp. Unit Stock Down 1.3 %
Shares of FACTU stock opened at $10.26 on Monday. The company has a fifty day moving average price of $10.15. FACT II Acquisition Corp. Unit has a one year low of $9.93 and a one year high of $10.92.
FACT II Acquisition Corp. Unit Company Profile
We are a blank check company, incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, 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.
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