OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 75,059 Shares of Gores Holdings X, Inc. / CI $GTEN

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in Gores Holdings X, Inc. / CI (NASDAQ:GTEN) by 13.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 474,941 shares of the company’s stock after selling 75,059 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.05% of Gores Holdings X, Inc. / CI worth $4,868,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in GTEN. Quarry LP grew its position in shares of Gores Holdings X, Inc. / CI by 23.0% in the 4th quarter. Quarry LP now owns 61,632 shares of the company’s stock worth $632,000 after buying an additional 11,506 shares during the last quarter. DLD Asset Management LP bought a new stake in shares of Gores Holdings X, Inc. / CI in the 4th quarter worth approximately $1,594,000. Westchester Capital Management LLC bought a new stake in shares of Gores Holdings X, Inc. / CI in the 4th quarter worth approximately $5,300,000. Harraden Circle Investments LLC bought a new stake in shares of Gores Holdings X, Inc. / CI in the 4th quarter worth approximately $5,556,000. Finally, Verition Fund Management LLC grew its position in shares of Gores Holdings X, Inc. / CI by 9.8% in the 4th quarter. Verition Fund Management LLC now owns 779,270 shares of the company’s stock worth $8,019,000 after buying an additional 69,271 shares during the last quarter.

Gores Holdings X, Inc. / CI Stock Up 0.5%

NASDAQ GTEN opened at $10.43 on Tuesday. Gores Holdings X, Inc. / CI has a twelve month low of $10.12 and a twelve month high of $10.53. The company has a market capitalization of $469.96 million and a price-to-earnings ratio of 74.46. The company’s 50 day moving average price is $10.35.

Gores Holdings X, Inc. / CI (NASDAQ:GTEN) last issued its quarterly earnings results on Saturday, March 28th. The company reported $0.32 earnings per share for the quarter.

Gores Holdings X, Inc. / CI Profile

Gores Holdings X, Inc (NASDAQ: GTEN) is a special purpose acquisition company (SPAC) formed to effect a business combination with one or more operating businesses. As a blank‑check company, GTEN’s principal activity is to identify, evaluate and complete a merger, asset acquisition, stock purchase, reorganization or similar business combination that would result in a publicly traded combined company.

Prior to completing a business combination, Gores Holdings X does not operate commercial businesses; its operations typically consist of raising capital through an initial public offering, maintaining funds in a trust account, and conducting diligence and negotiations with potential targets.