Clear Street Group Inc. Raises Stock Position in Gores Holdings X, Inc. $GTENU

Clear Street Group Inc. grew its holdings in Gores Holdings X, Inc. (NASDAQ:GTENU) by 381.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 170,592 shares of the company’s stock after acquiring an additional 135,192 shares during the period. Clear Street Group Inc.’s holdings in Gores Holdings X were worth $1,788,000 at the end of the most recent reporting period.

Separately, Moore Capital Management LP purchased a new position in shares of Gores Holdings X in the 2nd quarter worth $12,728,000.

Gores Holdings X Price Performance

Shares of NASDAQ:GTENU opened at $10.49 on Monday. Gores Holdings X, Inc. has a 52 week low of $10.23 and a 52 week high of $11.32. The firm has a fifty day simple moving average of $10.49 and a two-hundred day simple moving average of $10.47.

Gores Holdings X Profile

Gores Holdings X, Inc is a special purpose acquisition company (SPAC) incorporated as an exempted Cayman Islands company, formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization or similar business combination with one or more businesses. The company completed its initial public offering in 2021, raising capital through the sale of units that each consist of one Class A ordinary share and one-half redeemable warrant. Gores Holdings X’s units trade under the ticker GTENU on the Nasdaq Global Market.

The company does not engage in any commercial operations of its own.