500,000 Shares in FIGX Capital Acquisition Corp. $FIGX Purchased by MMCAP International Inc. SPC

MMCAP International Inc. SPC purchased a new position in shares of FIGX Capital Acquisition Corp. (NASDAQ:FIGX – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 500,000 shares of the company’s stock, valued at approximately $5,030,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wealthspring Capital LLC bought a new position in FIGX Capital Acquisition during the fourth quarter worth about $5,122,000. ABC Arbitrage SA bought a new position in FIGX Capital Acquisition during the fourth quarter worth about $302,000. Finally, Wolverine Asset Management LLC grew its holdings in FIGX Capital Acquisition by 32.7% during the fourth quarter. Wolverine Asset Management LLC now owns 170,033 shares of the company’s stock worth $1,711,000 after purchasing an additional 41,929 shares during the period.

FIGX Capital Acquisition Price Performance

FIGX Capital Acquisition stock opened at $10.23 on Wednesday. FIGX Capital Acquisition Corp. has a 52 week low of $9.95 and a 52 week high of $10.22. The stock’s 50-day simple moving average is $10.17.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded FIGX Capital Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Research Report on FIGX Capital Acquisition

FIGX Capital Acquisition Profile

(Free Report)

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.

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Want to see what other hedge funds are holding FIGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FIGX Capital Acquisition Corp. (NASDAQ:FIGX – Free Report).