Shaolin Capital Management LLC bought a new stake in shares of GX Acquisition Corp. (OTCMKTS:GXGXU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 500,000 shares of the company’s stock, valued at approximately $5,025,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of GXGXU. NFC Investments LLC bought a new position in shares of GX Acquisition in the second quarter worth about $6,755,000. Periscope Capital Inc. acquired a new stake in GX Acquisition during the second quarter valued at approximately $6,060,000. Vertex One Asset Management Inc. bought a new position in shares of GX Acquisition in the second quarter valued at approximately $3,012,000. Panagora Asset Management Inc. bought a new position in shares of GX Acquisition in the second quarter valued at approximately $2,060,000. Finally, Deltec Asset Management LLC bought a new position in shares of GX Acquisition in the second quarter valued at approximately $1,005,000.
GXGXU stock remained flat at $$10.13 during trading on Friday. 59,200 shares of the company traded hands, compared to its average volume of 70,525. The firm’s 50 day moving average price is $10.10. GX Acquisition Corp. has a 1 year low of $10.00 and a 1 year high of $10.19.
GX Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2018 and is based in New York, New York.
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