Sculptor Capital LP bought a new position in Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Rating) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 990,000 shares of the company's stock, valued at approximately $9,722,000. Sculptor Capital LP owned about 17.22% of Swiftmerge Acquisition at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. Polar Asset Management Partners Inc. bought a new position in shares of Swiftmerge Acquisition in the first quarter valued at approximately $19,444,000. Farallon Capital Management LLC bought a new stake in Swiftmerge Acquisition during the first quarter worth $19,444,000. Goldman Sachs Group Inc. bought a new stake in Swiftmerge Acquisition during the first quarter worth $7,002,000. Saba Capital Management L.P. bought a new stake in Swiftmerge Acquisition during the first quarter worth $1,998,000. Finally, Basso Capital Management L.P. bought a new stake in Swiftmerge Acquisition during the first quarter worth $1,966,000.
Get Swiftmerge Acquisition alerts:Swiftmerge Acquisition Stock Up 0.2 %
Shares of Swiftmerge Acquisition stock opened at $9.90 on Thursday. The stock's fifty day moving average is $9.88. Swiftmerge Acquisition Corp. has a 12-month low of $9.67 and a 12-month high of $11.37.
Swiftmerge Acquisition Company Profile
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Swiftmerge Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.
Further Reading
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